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by daniel_iversen
53 days ago
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Yes. And it can be done in less "communist" ways; have countries' governments invest serious capital (even if they have to raise debt - they do anyway) in income producing assets related to AI, like large stakes in AI labs, building data centres etc. |
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I think governments should invest in their economies - mostly by investing in research, education, infrastructure, health and wellbeing of citizens, etc. but also putting capital into the later stages of expansion would make sense.
I certainly don't think people should not be able to start or own or profit from companies. But I do see a reason to limit their scale and/or make them more publicly owned beyond an certain scale.
I quite like the idea that "public" markets should become truly public, e.g. by some ratcheting percentage of public companies becoming owned by society at large over time (there would be several ways this could be done). This somewhat happens with the largest companies via index funds but only for those big enough to be in the indices and the distribution in unequal.
Maybe there are other/better ways, but it's pretty clear to me that big companies have a lot of negative impacts that aren't properly accounted for and so they are a very significant way in which a few people get richer at the expense of everyone else.