No dude, his proposal is a genuine recipe for disaster. I mean, disaster for Americans not for the AI companies. Do you think 50% ownership in these companies mean governance? Maybe but it’s not going to stop them from spending like crazy, which they already are. Bernie is framing it as democracisation of profits, but with an impending bubble that’s about to pop, it will most likely end up with democratization of losses. What’s worse this also would become a very nice excuse for future bailouts as now millions of people’s wealth is tied to the companies. In long term, it’s going to benefit the AI companies more.
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Cake day: January 20th, 2026
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Glad to know I wasn’t the only one who was thinking it
Mfs be living in pharloom