[giancarlostoro]

I would rather we have an alternative where you can buy Anthropic, OpenAI, SpaceX, etc stock but it has a few strict requirements:

* Investors are committing to keeping their money over a 10 year period, and you pay them dividends

* At the end of the 10 years you can withdraw it all, or keep your stock but withdraw the dividends, or keep your stock and reinvest the dividends for the next 10 years.

* Companies cannot be on any other type of "stock market"

* Companies need to be identified as producing something of significant value, like SpaceX's rockets would qualify.

* It can be part of anyone's 401k since these companies would be scrutinized.

Ideally a social media only company would NEVER qualify. I think the stock market is too happy to buy and sell, when some of these companies are a long term investment that has slowly paid off in ways most people cannot fathom or comprehend including healthcare discoveries.

[yread]

To buy stocks you need savings. 24% of Americans don't have any. Your scheme wouldn't benefit them. Or am I misreading it?

[giancarlostoro]

I wouldn't block any 401k plans from purchasing these stocks which would open those up to those safer dividend returns. The maintenance cost would be drastically lowered too since you're not buying and selling these so frequently.

[jmyeet]

How is this not just a "rich gets richer" scenario? What of the majority of the population that don't have excess funds to invest?

The funny thing about AI is that the LLMs were trained by stomping on private property rights, being the intellectual rights holders of songs, books, movies, etc plus the troves of user-generated content, something for which they see no benefit.

Why are private property rights so important for AI companies but the private property rights of the training data aren't important at all?

I can tell you why: people on HN aren't authors or musicians. They are however software engineers who see themselves as profiting from the AI bubble.

Put another way: it's not that they care about private property rights. They simply think they can get rich enough so the problems won't apply to them.