Trump gets OpenAI to offer US 5% stake, far lower than Sanders’ target
Summary
OpenAI CEO Sam Altman is in early talks with President Donald Trump’s administration about the U.S. government potentially getting a 5% ownership stake in OpenAI. Senator Bernie Sanders supports a larger public stake in AI firms and has proposed a 50% tax on AI company stock to create a public fund for Americans.Key Facts
- OpenAI’s CEO Sam Altman wants the U.S. to have a 5% stake in OpenAI to share AI’s benefits with the public.
- President Trump and his administration have discussed similar stake ideas with other AI companies like Google and Meta.
- Google and Meta have not agreed to giving any stake to the public, and Meta hasn’t shared AI safety models with officials.
- Many Americans are worried about AI and do not want AI data centers near them.
- OpenAI proposed an AI wealth fund like the Alaska Permanent Fund that would pay dividends to all U.S. citizens.
- Senator Bernie Sanders wants a much larger public stake and suggests a 50% tax on AI company stock to raise about $7 trillion.
- Sanders also proposes a bipartisan Independent Commission for Democratic AI to give the public influence over AI companies.
- Discussions involve Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick from the Trump administration.
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