>> For the right investor base, $10B in annual losses at OpenAI could be worth $2-3B in tax shields

So just a loss for governments, or in other words, socializing the losses.

nkmnz an hour ago | parent | next [-]

OpenAIs losses are someone else's (taxed) earnings.

booi 3 hours ago | parent | prev | next [-]

Hi, I'm here to hold the bag?

Groxx 3 hours ago | parent | next [-]

We really should have thought of this before becoming peasants.

Have you tried not being poor?

	▲	nineteen999 an hour ago \| parent [-]
		It gives you a new opportunity to pull yourself up by the bootstraps. Until mommy and daddy come along with another cash infusion.

joncrane an hour ago | parent | prev | next [-]

You guys are getting bags?

Your pension fund, yes.

	▲	lotsofpulp 2 hours ago \| parent [-]
		This comment makes even less sense than jotras’ comment. Pension funds buy shares in businesses such as Microsoft. The money going into the pension fund is not typically a function of the tax paid by companies such as Microsoft, but rather from a combination of actuaries’ recommendations, payroll tax receipts, and politicians’ priorities. Therefore a pension funds’ equity holdings, such as Microsoft, doing well means taxes can be lower.

Private industry loses 10B. Governments mostly affected as they have less free money to extract.