OpenAI just floated an idea that sounds great in theory but has me a little uneasy in practice. According to a Financial Times report, OpenAI has proposed giving the US government a 5% ownership stake in the company worth roughly $42.6 billion based on OpenAI's most recent $852 billion valuation. Sam Altman's pitch is that if AI creates massive economic upside, the public should share in it, modeled loosely on the Alaska Permanent Fund (where the state's oil revenue gets invested and pays annual dividends to every resident). Altman also wants other major AI labs—Anthropic, Google, Meta, xAI—to each contribute a similar 5% stake to the same public wealth fund. A few context points that matter here: This isn't happening in a vacuum. The government has been ramping up pressure on AI companies for months.
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