Comment by p-e-w
3 days ago
No way the US is going to nationalize a tech company regardless of what happens. The exodus of capital would be unimaginable.
3 days ago
No way the US is going to nationalize a tech company regardless of what happens. The exodus of capital would be unimaginable.
> "No way the US is going to nationalize a tech company regardless of what happens. The exodus of capital would be unimaginable."
You simply cannot apply any sort of actual logic to the reasoning of the current U.S. government's actions... They just "do stuff" because they feel like it, with no clear thought whatsoever of any potential consequences that may occur.
> "No way the US is going to tariff the entire world regardless of what happens. The exodus of capital would be unimaginable."
It's Madman theory all the way down.
The CEO of Anthropic himself has said AI is like a nuclear bomb when justifying export controls on Nvidia chips. How many private companies control nuclear bombs?
They took 10% of Intel and the only reaction was my stocks increasing in value 5x.
Taking a 10% stake in a company is far from nationalization. And the big increase in Intel's stock price happened months after that.
It is literally partially nationalising though, isn’t it?
This is how the UK government got the banks through the 2008 financial crisis.
6 replies →
Taking any % is partially nationalizing it and there was no negative capital flight. And 10% is a pretty significant portion.
> Trump says his team will 'look into' US taking stake in AI companies[1]
Yes, there is a gap between "taking a stake" and nationalizing one, but..
[1] https://www.reuters.com/business/trump-says-his-team-will-lo...
Trump has already (with Altman directly egging him on) talked about the US taking a share in (i.e. partially nationalising) the AI companies. Has he not called a meeting about this next week?