Showing posts with label redistributing AI revenues. Show all posts
Showing posts with label redistributing AI revenues. Show all posts

Thursday, June 11, 2026

How to share AI riches: From Donald Trump to Sam Altman, the idea of redistributing them is catching on. Does it make sense?; The Economist; June 11, 2026

 The Economist; How to share AI riches: From Donald Trump to Sam Altman, the idea of redistributing them is catching on. Does it make sense?

"The artificial-intelligence boom has minted vast fortunes. Jensen Huang’s stake of nearly 4% in Nvidia, the chipmaker he co-founded in 1993, is worth $175bn, up 50-fold in seven years. Anthropic’s latest funding round, which valued the ai lab at nearly $1trn, more than doubled the estimated wealth of its boss, Dario Amodei. Yet as new plutocrats gain riches, most Americans doubt the gains from ai will be widely shared. Less than one in three think the technology will make ordinary people richer."