We Don’t Need AI to Tell Us Donald is a Red

Photograph Source: Office of Speaker Mike Johnson – Public Domain

U.S. President Donald Trump, Reuters reports, is “looking into” a US government stake in leading artificial intelligence firms. “There’s something very interesting about it, where it almost becomes a partnership with the American public,” Trump says.

This isn’t his first such initiative. Since beginning his second term, Trump has announced 15 such “equity stake” deals between the US government and various companies, at least ten of which have so far been formally consummated.

This time, though, his logic differs somewhat. He’s justified previous “equity stake” agreements on alleged national security concerns and on a supposed economic need to create jobs by “reshoring” industries which have moved production to other countries in recent decades.

This particular proposal feels more like the basis for some kind of “Universal Basic Income” scheme, or at least for funding increased welfare state entitlements, and doesn’t seem to differ markedly from a proposal by openly “socialist” US Senator Bernie Sanders (D-VT) to seize equity in AI firms for a “Sovereign Wealth Fund.”

So, let’s........

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