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highplainsdem

(63,823 posts) Thu Jul 2, 2026, 06:33 PM 7 hrs ago

This Blueskyer FTW after OpenAI proposed giving the government a 5% stake in the company

Giving us 5% of a company that's billion in the red is like offering up your berth on the Titanic right after it hits the iceberg.
— cool kevin (@berrey.bsky.social) 2026-07-02T14:28:20.448Z

This is the Financial Times story being commented on:

OpenAI proposes handing Trump administration 5% stake ft.trib.al/CPgCAny
— Financial Times (@financialtimes.com) 2026-07-02T04:20:02.885656Z

1 replies

= new reply since forum marked as read

Highlight:

This Blueskyer FTW after OpenAI proposed giving the government a 5% stake in the company (Original Post) highplainsdem 7 hrs ago OP

This is State Capitalism (aka right wing socialism) WSHazel 6 hrs ago #1

WSHazel

(932 posts)

1. This is State Capitalism (aka right wing socialism)

Reply to highplainsdem (Original post)

Thu Jul 2, 2026, 07:20 PM

6 hrs ago

Government ownership of private companies is terrible policy. It creates bad incentives, and leads to bailouts and reduces capital flows to competitors.

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