Sam Altman · OpenAI · Donald Trump · U.S. · Anthropic · Axios
Why it matters: OpenAI CEO Sam Altman has pushed this idea with the Trump administration over the past year
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AI is broadly unpopular in the U.S. Some industry leaders, and now clearly Trump, think the technology's image would improve if all Americans participated in this mind-boggling wealth creation.
Key facts
- OpenAI CEO Sam Altman has pushed this idea with the Trump administration over the past year
- The backstory: Altman has pushed the concept in private conversations with administration officials, then in a proposal for an AI New Deal, then on Capitol Hill this week when he visited Sanders
- President Trump surprised tech CEOs by suddenly pushing the idea of the U.S. taking a small ownership stake in AI giants, so the American people share in the upside of what will be trillion-dollar
- When a reporter asked Trump about the incongruity of embracing a proposal by Sanders, a democratic socialist, the president touted his economic populism
Summary
President Trump surprised tech CEOs by suddenly pushing the idea of the U.S. taking a small ownership stake in AI giants, so the American people share in the upside of what will be trillion-dollar companies. "There's something interesting about it, where it almost becomes a partnership with the American public," Trump told reporters aboard Air Force One yesterday. "It's like you make them in this revolution. OpenAI CEO Sam Altman has pushed this idea with the Trump administration over the past year. Of course, industry advocates of the idea would favor giving up much less for an AI public wealth fund, 1-5% stakes have been kicked around. AI is broadly unpopular in the U.S.