• deft
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        12 hours ago

        Senator Bernie Sanders (I-VT) has proposed a remittance tax on certain artificial intelligence companies amounting to 50% of the company’s outstanding equity interests. Sanders says these equity interests could be used to establish a sovereign wealth fund, with annual direct payment distributions to Americans

        What the fuck are you talking about no he doesn’t lol? None of what you said is true or makes sense. He wants AI stock wealth to be given back to the people.

        There is nothing in there about the government owning the stock or even benefiting from the stock?

        • XLE@piefed.social
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          11 hours ago

          I’m not sure what’s up with the hostility and calling everybody here dumb, but the page says stock.

          The remittance would comprise equity interests, which for a corporation, would mean stock.

          Bernie says stock:

          through a one-time 50% tax on the stock of the biggest AI companies

          And it would be run by the government:

          seven members nominated by the President and confirmed by the Senate

          Right now that means Donald Trump and the Republican majority have the upper hand.

          • deft
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            11 hours ago

            Because they’re saying dumb things and unfortunately holding hands and being shy about someone’s straight lack of thinking doesn’t really get people to see the point. The comments in this section state:

            • Bernie is both not doing his job(he is) and benefitting from this/AI

            -AI is both bad and worthless but also dangerous and Bernie is dumb for trying to do anything (complete fallacy of the weak/dangerous threat kind, the enemy is both weak but dangerous. Silly)

            -Absolutely fake claims like the one above.

            So the whole comment section is just rife with stupidity. Stupid isn’t even a bad word.

            Back to what you said. I literally don’t understand why you act like it says stock changes anything or anything about what I said? Literally useless points you keep highlighting. Nothing is made more clear by whatever you’re trying to say.

            Donald Trump already had the upper hand he doesn’t care about the rule of law. Dunno why you’re viewing this like game of thrones.

            Bernie Sanders wants the wealth amassed by these AI companies which have stolen data and work of billions of people across generations to be handed back to the people. His strategy is to tax the STOCK (not sure why we’re bolding it but sure I’ll play along). He is following the regular ruling that stands for creating panels, legislative bodies, committee establishment process. The president nominates THE SENATE CONFIRMS(because you glossed over that part) this is literally the standard practice.

            So I don’t understand what you think you’re making clear or how what he’s doing is wrong here. He’s following the rules and wants to tax the stock of companies that have taken advantage of Americans. It literally makes complete sense and is nothing like what the comment above claims.

            The comment above suggests the government will own the stock? Or something ridiculous and Bernie wants to give that power to the president. Which is what I imagine an insane person’s interpretation of that article might be if they didn’t know anything about government functions or something. So in conclusion, it’s a very stupid interpretation.

            • XLE@piefed.social
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              3 hours ago

              The “tax” just transfers shares of the for-profit companies into a State organization.

              So CEOs like Elon Musk will keep using them as CSAM generators, while the State is incentivized to keep them profitable… Even though we have no reason to assume they’ll ever turn a profit.

              AI should not be treated as “too big inevitable to fail” and yet here Bernie is.

              The president nominates THE SENATE CONFIRMS(because you glossed over that part) this is literally the standard practice.

              Re-read my previous comment. I mentioned the Republican-controlled Senate explicitly. Did you need it to be in bold too or what?