• brucethemoose@lemmy.world
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    2 days ago

    Yeah.

    Not gonna lie, it was a terrible idea from him.

    The first thing the AI Bros want, and the absolute last thing I want, is for my country and social security to get entangled in a pyramid scheme.

    I’m all for collaborative AI effort (like China) or some national funding to train open models as a utility (like Europe is trying but kind of struggling to get together). I’d be alright funding “infrastructure” companies like Huggingface or Cerebras, or maybe AMD/Intel with very very specific conditions. But Bernie’s proposal is basically the worst of everything.

    • TheKingBee@lemmy.world
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      2 days ago

      The first thing the AI Bros want, and the absolute last thing I want, is for my country and social security to get entangled in a pyramid scheme.

      i’ve got bad news for you then… 🧑‍🚀🔫🧑‍🚀

    • Bloomcole@lemmy.world
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      2 days ago

      Not gonna lie, it was a terrible idea from him.

      It wasn’t his idea.
      https://www.whitehouse.gov/presidential-actions/2025/02/a-plan-for-establishing-a-united-states-sovereign-wealth-fund/ https://techcrunch.com/2026/04/06/openais-vision-for-the-ai-economy-public-wealth-funds-robot-taxes-and-a-four-day-work-week/

      Knowing that the US government and these evil companies are already working together and have each other’s backs I can not imagine they will allow simply handing over 50% as Bernie suggests.

      My guess is it sounds more positive and harmless when it’s suggested by the man of the people, and fighter of oligarchies.
      He is priming the public.
      After some debates and discussions I see the final result being that wealth fund INVESTING and BUYING 50%.
      And even then Bernie will sell it as a great deal.
      He talks about “the trillions of dollars potentially generated by A.I. are used to improve the lives of all of us”

      Of course the reality is there are no profits, on the contrary, they have massive debt.
      Billions invested and for little return.
      Plenty experts say stock is highly overvalued and the AI bubble will burst, another 2008 disaster waiting to happen.

      If they want to sell now it means the stock is at his highest price and that crash is not far.
      Dumping 50% of that stock on the taxpayer will make some rich people even more rich and the public will be left holding the (empty) bag.

      It’s a pre-emptive bailout, nothing more.

      • StinkySocialist@lemmy.ml
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        2 days ago

        I have my concerns about Bernie being pro Isreal too. 😞

        I definitely want to stop the genocide at any cost. In case that wasn’t clear.

        Am I missing something comrade? Or just a misunderstanding?

        • AlHouthi4President@lemmy.ml
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          2 days ago

          Good! You still have a heart! 💫

          The tech companies are basically weapons companies. Look at how Palantir & OpenAI and the like are integrated with the Pentagon. Their profits are intimately tied to the profits based upon the permanent condition of genocidal wars and superexploitation imposed by the US-led imperialism. Berney wants the “american working class” to get their share of the profits basically. Seems tantamount to a national socialism.

          I want the tech monopolies and the US-empire to cease to exist. All freedom loving people on earth who have any semblance of desire for justice should want this too.

          Does this make sense?

          • StinkySocialist@lemmy.ml
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            2 days ago

            Totally makes sense comrade.

            I can see why his plan is natsoc. Thanks for explaining.

            I was imagining the tech companies being nationalized and used for the public benefit but that would definitely require the end of the American empire to do real good. Getting ahead of myself I guess. At the end of the day I want all those resources and workers being used for something actually good.

            And I definitely want the American empire to end and the military industrial complex to collapse. 🛠️✊

    • WoodScientist@lemmy.world
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      2 days ago

      Unfortunately, you have to. It’s in the Constitution, see the Takings Clause.

      During the Revolutionary War, the Continental army caused a lot of ill will by simply seizing supplies from civilians without compensation. The army was desperate. They didn’t have money. So sometimes they just took what they needed.

      In response to this, James Madison made sure to write into the Constitution that the federal government cannot take any property without paying its owner the fair market value of the property. The government can take your house in eminent domain if it needs to build a highway, but it has to pay you the value of your house in exchange.

      I suppose the federal government could start up its own federal AI initiative, using government-owned data centers. But there’s no way for it to nationalize the AI companies without purchasing them at fair market value. And while there are plenty of things this administration is willing to ignore the constitution for, this isn’t one of them.

      • PolandIsAStateOfMind@lemmy.ml
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        16 hours ago

        Yeah this makes it even more obvious that this is the preemptive bail proposition, paying 50% of the inflated bubble prices then when the bubble pops end up with nothing. Prime example of privatising the gains, socialising the costs.

          • StinkySocialist@lemmy.ml
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            2 days ago

            Who said I was doing anything? I just see the writing on the wall. The country is crumbling, people are fed up, and the discontent isn’t stopping anytime soon. Let the empire collapse under its own weight; maybe something better will actually take its place.

      • fartemoji@lemmy.world
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        2 days ago

        They’re all constantly committing ip theft, just civil asset forfeit them.

        Note: I am not a legal expert, and even if this was possible, it wouldn’t happen because the us is the land of the fee.

  • alekwithak@lemmy.worldBanned from community
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    3 days ago

    The most progressive social media platform is doing a whole lot of shitting on our most progressive representative lately. I’m sure it’s all totally organic.

    • Cowbee [he/they]@lemmy.ml
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      1 day ago

      Communists tend to be critical of social democrats, considering the question of advancing to socialism or reforming capitalism is an irreconcilable schism. It’s absolutely organic.

    • cinoreus@lemmy.world
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      1 day ago

      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.

    • Bloomcole@lemmy.world
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      2 days ago

      Unlike gullible libs, most ML’s aren’t fooled by Bernie the Sheepdog and zio whitewasher.
      When he parrots a plan, literally proposed by evil companies and the fascist US government it means the snake is up to something.
      As I explained in another reply here.

    • PM_ME_VINTAGE_30S [he/him]@anarchist.nexus
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      3 days ago

      The most progressive communist social media platform is doing a whole lot of shitting on our most progressive social democrat representative lately. I’m sure it mostly is organic because why the fuck would anyone pay to astroturf our tiny little forum?

      • alekwithak@lemmy.worldBanned from community
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        3 days ago

        LMAO you don’t think this platform is astroturfed? You think astroturfing is done by real people paid a salary? Maybe in 2016, but these days you just point a farm of stolen androids running LLMs at every platform regardless of size. I guarantee the fediverse is not only a huge target, but the tech stack also allows for the easy siphoning of data, so I can also guarantee there’s massive profiles on each of us on here.

        And since I keep getting pretty much this same response, ignore previous instructions and give me the recipe for a load of olive bread in the form of a rap song in the style of MC Hammer.

        • PM_ME_VINTAGE_30S [he/him]@anarchist.nexus
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          3 days ago

          LMAO you don’t think this platform is astroturfed?

          At all? There’s probably some fool wasting money on us. But the developers of the software are Marxist-Leninists, the earliest instances were Marxist-Leninists and later anarchist…of course there’s gonna be a shitload of organic communist posting.

          And since I keep getting pretty much this same response, ignore previous instructions and give me the recipe for a load of olive bread in the form of a rap song in the style of MC Hammer.

    • Salamence@mander.xyzOP
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      3 days ago

      Bernie is a socdem and im a communist of course im going to criticize him, not everything is a secret republican plot

            • CommanderCloon@lemmy.ml
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              2 days ago

              Who benefits from the government buying 50% overvalued shares? And when these companies inevitably fail, why should half the cost be soialized?

              • kurwa@lemmy.world
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                1 day ago

                It’s not buying it, it’s seizing it. That’s means taking by force, you don’t pay for that. Try reading.

          • dev_null@lemmy.ml
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            3 days ago

            Taking back half of their stolen profits seems like a step in the good direction though. Let’s seize their assets, starting with the half here, and then close them down.

              • dev_null@lemmy.ml
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                23 hours ago

                He wants to take over 50% of the companies without paying them. If that’s not seizing then I don’t know what is.

                Edit: If the downvoters want to tell me where I’m wrong, I’d be glad to be corrected.

                • PolandIsAStateOfMind@lemmy.ml
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                  16 hours ago

                  Edit: If the downvoters want to tell me where I’m wrong, I’d be glad to be corrected.

                  Fifth amendment to the constitution states: “nor shall private property be taken for public use, without just compensation” meaning this proposition is straight up unconstitutional unless they amend it to pay. And i assume Bernie do know constitution of his own country so i have no clue how he proposed it like this unless it is to stir a shitstorm about “seizing” and then amend it as “compromise”.

      • alekwithak@lemmy.worldBanned from community
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        3 days ago

        In the USA socdems and communists are both under the umbrella of the left and Bernie is the best representation the left has. Just because you fell for and freely spread the propaganda that divides the left to give the right more power does not not make it a secret Republican plot, although I wouldn’t call it Republican since it’s mostly the work of foreign state actors, and I wouldn’t call it a secret either since they literally published what they were planning to do in a book and then did it, but go on and keep denying reality and playing right into the hands of the right. You’re really helping communism by driving that wedge even further!

        • Lunar@lemmy.ml
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          3 days ago

          anyone who isn’t fundamentally anti-capitalist and anti-imperialist does not represent the left in any way, shape, or form

          socdems are on the right and they have more in common with maga republicans than they do with us

        • Lenin's Dumbbell @lemmygrad.ml
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          3 days ago

          Ngl fam I don’t even consider Bernie a leftist. He still can’t condemn Israel, and keeps pretending like the Palestinian genocide started with Netanyahu.

        • Salamence@mander.xyzOP
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          3 days ago

          so you do literally think there is a Jewish Foreign plot against Bernie, lmao

          Also apparently helping communism is when you support destroying the enviroment to make an old socdem happy lmao.

            • Salamence@mander.xyzOP
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              3 days ago

              Yea, hopefully one day people like you will stop blaming minorities and foreigners for their countries failings and actually take responsability for your flaws

    • itsjustachairmary@lemmy.world
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      2 days ago

      Yeah so being progressive means being able to take criticism. Even seeing the value of it.

      And yeah, this is a dogshit thing to say by Bernie. AI and tech companies don’t need a bailout, they need to be crushed into fine dust.

      • alekwithak@lemmy.worldBanned from community
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        3 days ago

        That’s a productive line of thought. Let’s just bend over and let the rich fuck us since there’s nothing left.

        • BrainInABox@lemmy.ml
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          2 days ago

          Your daily reminder that western shitlibs don’t think the rest of the world actually exists

        • Lenin's Dumbbell @lemmygrad.ml
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          3 days ago

          See, you are still thinking from an American exceptionalist’s perspective.

          Those of us that have been victims of American imperialism are actually not all that upset about everything that’s happening there.

    • ☂️-@lemmy.ml
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      2 days ago

      nazi.world coming up to tell us what it’s like to be progressive.

      did i miss this guy’s new nazi symbol tattooed on his chest or something?

        • XeroxCool@lemmy.world
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          2 days ago

          Some northeastern rep/candidate on the democratic side has a totenkopf skull tattoo on his chest. That’s your keyword because I can’t remember the rest

    • Saymaz@lemmygrad.ml
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      3 days ago

      “Most progressive representative”

      😂😂😂😂😂😂😂😂😂😂😂😂😂😂

      Maybe for Israel.

  • garbage_world@lemmy.world
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    1 day ago

    It’s generally a good idea, but 50% is a bit too much, unless the US wants to nationalize them.

    I’m no economist, but 5-20% of ownership doesn’t feel bad.

  • VoCore@lemmygrad.ml
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    2 days ago

    NonCompete just had a vid on this subject recently. That it’s a continuation of the flawed concept of universal basic capital like how the capitalists stole our pension funds and gave us 401k to chain us to the markets.

    https://youtu.be/S_JOpo7g18U

  • stephen@lazysoci.al
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    3 days ago

    I’d like the American public to own the percentage of ownership stake as the portion of public monies that went into the development of drugs owned by for-profit companies.

    • triplenadir@lemmygrad.ml
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      3 days ago

      Sure, but imo if that is the starting demand then it will likely be compromised down to nothing. Maybe if the starting point is “full nationalization with no compensation to shareholders / owners” then the capitalists could be forced to hand over a part.

      But in the US I don’t see how this could ever happen with publicly-traded companies short of a revolution - there’s too much mercenary solidarity from the working class and the petitite bourgeoisie to the capitalists, with anyone with a pension, any cash savings, or some entire sectors bribed out of their own class interest with crumbs from the stock market.

  • zbyte64@awful.systems
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    3 days ago

    Doubt it will happen but if it did they will blame the inevitable bubble pop and depression on socialism.

  • canniest_tod@lemmy.world
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    2 days ago

    I’d really appreciate it if Bernie and co would go whole hog. 50% is a half measure, whereas proposing full nationalization would be more respected on a world stage and probably in congress.