When Uncle Sam Turns Venture Capitalist, What Could Go Wrong?

When Uncle Sam turns venture capitalist, what could go wrong? * WorldNetDaily * by James Varney. Real Clear Wire

Source link Barack Obama speaks on Night 2 of the Democratic National Convention in Chicago on Tuesday, Aug. 20, 2024. The battery recycler Ascend Elements was riding high in 2023, flush with hundreds of millions of dollars in federal funding. The seed money provided to the Massachusetts company, which launched in 2017, was one of several

When Uncle Sam Turns Venture Capitalist, What Could Go Wrong?

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

What If Uncle Sam’s AI Stakes Bet on the Wrong Layer?

It’s totally understandable that anyone who supports an economic system built around the idea of free enterprise—private businesses making decisions based on price and profit signals in a competitive market—would blanch at the notion of the US government taking equity stakes in leading AI companies. That reaction also includes, I would think, a scenario where Washington accepts de facto coerced offers of equity stakes from the same AI companies.…