| ▲ | freakynit a day ago | |||||||||||||
We may not see it yet, but, this is a way to capture government and use that to suppress competition and any dissent. The moment the government owns equity, every regulatory decision becomes conflicted. The top 3-4 AI companies in whic the givernment owns equity, will become too politically entangled to fail or to let fail or be meaningfully competed against, or "allowed" to be competed against. This will also lead to drasitc increase in surveillance state since givernment will now have a fudiciary, and "political" duty to increase dividends, "for citizens". One way to do that will be to purchase large amounts of surveillance equipment and tech disguised as "safety". Any public dissent can now be indirectly suppressed by threatening with a perceived decrease in dividends or value of the sovereign wealth fund, thus, affecting healthcare, and other public expenditure. This also sets a very bad precedent for other governments to follow. This will end up with givernments of major nations to act in similar fashion, thus, expanding this dystopian setup further. | ||||||||||||||
| ▲ | tencentshill a day ago | parent [-] | |||||||||||||
Good. Maybe this will incentivize a push to make the regulatory agencies truly independent, like the fed. the executive branch is clearly not up to the task. | ||||||||||||||
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