Saymaz@lemmygrad.ml to news@hexbear.netEnglish · 3 months 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 · 3 months agomessage-square34linkfedilinkcross-posted to: worldnews@lemmygrad.ml
minus-squareInexplicableLunchFiend [he/him]@hexbear.netlinkfedilinkEnglisharrow-up2·3 months 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-up1·3 months agoThat would still not mean “Suffering 50% of the company’s losses”.
minus-squareInexplicableLunchFiend [he/him]@hexbear.netlinkfedilinkEnglisharrow-up2·3 months agoit would mean “suffering losses equal to 50% of the company’s valuation” though
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