The Implications of Government Equity in AI Companies

joshgans · x · 2026-07-18

The author mentions their new paper exploring the issues raised by companies like Intel and, more recently, OpenAI proactively offering equity to the US government.

They note that this seems counterintuitive in standard public economics. Since the government already influences corporate profits through mechanisms like taxation, "direct equity ownership" might not yield the additional effects one would intuitively expect, making it a phenomenon worthy of rigorous analysis.

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