Public equity in AI firms could reshape corporate governance, influence AI development priorities, and alter investment landscapes significantly.
The post Sam Altman proposes public equity in AI firms with Bernie Sanders appeared first on Crypto Briefing.
While we do not outright oppose the taking of AI company stock, or of a US a sovereign wealth fund, there are better ways to achieve the senator’s goals
Let no one accuse Bernie Sanders of ducking the big questions. Writing in the New York Times last week, the senator asked: “Will the future of humanity be determined by a handful of billionaires who have promoted and developed AI, with virtually no democratic input, who stand to become even richer and more powerful than they are today?”
We agree entirely that this is one of the most potent questions facing global democracy today. Our book, Rewiring Democracy, surveys the emerging uses for and impacts of AI in democracy around the world and reaches the same conclusion: that the most urgent risk posed by AI is the concentration of power, wealth and control among tech oligarchs.
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Backlash against AI is taking an extremist turn, following in the footsteps of earlier techno-pessimist militants
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When a 20-year-old man from Texas was arrested earlier this year for allegedly trying to burn down OpenAI’s headquarters and Sam Altman’s house, authorities found an anti-AI manifesto alongside his lighter and a jug of kerosene. It was one of a spate of attacks that has caused alarm among researchers, the tech industry and law enforcement about the rise of anti-tech extremism.
In April, an Italian “nature pilled” Instagram influencer was arrested in Rome and charged with plotting a series of anti-tech attacks that took inspiration from Ted “The Unabomber” Kaczynski. Two self-described “ecofascists” that carried out a deadly anti-Muslim attack on a mosque in San Diego last month also cited “AI slop” and JD Vance’s ties to Palantir as motivations for their violence in their manifesto. An Indianapolis city councilor woke up
This deal highlights the growing interdependence between tech giants and space companies, accelerating AI development and cloud capabilities.
The post Google pays SpaceX $920M monthly for cloud computing services in deal worth $30 billion appeared first on Crypto Briefing.
Meta's potential equity raise highlights the escalating costs of AI development, impacting investor sentiment and signaling a shift in tech financing.
The post Meta considers raising billions in equity after Alphabet’s record $85B share sale appeared first on Crypto Briefing.
The US government's potential equity stakes in AI firms could reshape public-private dynamics, influencing tech innovation and geopolitical strategies.
The post US government weighs equity stakes in AI firms, Trump says appeared first on Crypto Briefing.
The OpenAI leadership crisis highlights ongoing tensions between mission-driven governance and growth-focused leadership in the AI sector.
The post OpenAI’s Mira Murati details boardroom battle over Sam Altman’s return as CEO appeared first on Crypto Briefing.
The investment could significantly elevate Anthropic's market position, potentially reshaping the competitive dynamics in the AI industry.
The post Anthropic secures $35B from Apollo, Blackstone to boost AI development appeared first on Crypto Briefing.
A coordinated AI development pause could reshape global regulatory frameworks, impacting investment strategies and international compliance norms.
The post Anthropic calls for industrywide pause on AI development to assess risks appeared first on Crypto Briefing.
