Saymaz@lemmygrad.ml to news@hexbear.netEnglish · 1 month agoBernie Sanders will introduce a bill to have the public take a 50% ownership stake in the country's biggest AI companies.www.newser.comexternal-linkmessage-square34linkfedilinkarrow-up185arrow-down10cross-posted to: worldnews@lemmygrad.ml
arrow-up185arrow-down1external-linkBernie Sanders will introduce a bill to have the public take a 50% ownership stake in the country's biggest AI companies.www.newser.comSaymaz@lemmygrad.ml to news@hexbear.netEnglish · 1 month agomessage-square34linkfedilinkcross-posted to: worldnews@lemmygrad.ml
minus-squareKeld [he/him, any]@hexbear.netlinkfedilinkEnglisharrow-up1·1 month agoIt still isn’t. That’s the whole point of corporations.
minus-squareInexplicableLunchFiend [he/him]@hexbear.netlinkfedilinkEnglisharrow-up2·1 month agoIf the US government buys the stocks at the IPO listing price, and then the company collapses, their stocks are now worthless.
minus-squareKeld [he/him, any]@hexbear.netlinkfedilinkEnglisharrow-up1·1 month agoThat would still not mean “Suffering 50% of the company’s losses”.
minus-squareInexplicableLunchFiend [he/him]@hexbear.netlinkfedilinkEnglisharrow-up2·1 month agoit would mean “suffering losses equal to 50% of the company’s valuation” though
It still isn’t. That’s the whole point of corporations.
If the US government buys the stocks at the IPO listing price, and then the company collapses, their stocks are now worthless.
That would still not mean “Suffering 50% of the company’s losses”.
it would mean “suffering losses equal to 50% of the company’s valuation” though