• DarkCloud@lemmy.world
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    2 months ago

    He wants to take 7 trillion dollars from AI companies. That’s what a sovereign wealth fund is, it’s when you take profits from a source, and store it to use on things like health care, wellfare, pensions, public transport, housing, infrastructure, ect.

    • dhork@lemmy.world
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      2 months ago

      Lol, good one, who actually thinks AI companies are profitable?

    • XLE@piefed.socialBanned from community
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      2 months ago

      Can you show everybody here where that money will come from?

      Is the money in the room with us right now?

    • XLE@piefed.socialBanned from community
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      2 months ago

      The page says it’s a one-time tax… so which AI companies have that?

      I would like to know how much would actually be in that fun right away rather than what it could maybe be. Valuations are skewed. We know this. Just look at WeWork.

      • village604@adultswim.fan
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        2 months ago

        It’s giving the government controlling ownership of the company.

        They’re saying the values of the seized shares would be $7T