Sanders and Altman Discuss Public Equity in AI Companies
Sanders and Altman discussed public equity in AI firms as the OpenAI chief signaled support for broader ownership but not Sanders’ 50% proposal.
- OpenAI CEO Altman met with Sanders this week to discuss public equity in AI companies, with Sanders proposing a 50% public ownership stake and Altman supporting the concept without accepting that specific threshold.
- The meeting emphasized inherent tensions between AI powerhouses and policymakers, as political shifts have created unusual alliances between populist figures like Sanders and President Donald Trump who both advocate for public stakes in AI's growth.
- On Friday, President Donald Trump described a potential partnership where the American people can benefit from AI's success, while his administration previously secured a 10% stake in Intel last year and considered a Spirit Airlines takeover earlier this year.
- In Michigan, Gov. Gretchen Whitmer appeared with Altman at a 1.65 million-square-foot data center site projected to create more than 2,500 union jobs, though Michigan Rep. Rashida Tlaib called the project "disgusting" and expressed disappointment in Whitmer.
- Executives from leading AI companies will visit the White House probably next week to discuss partnership ideas, while about 70% of college students view AI as a threat to their job prospects according to a 2025 Harvard Kennedy School poll.
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