The Party That Screams About The Evils Of Socialism Wants To Nationalize AI Companies
It’s hard to believe that the same people who spent the Biden years screaming that Democrats were “socialists” out to destroy free market capitalism are now cheerfully handing the federal government ownership stakes in private companies.
And yet here we are.
Just as Trumpists have decided that their go-to strategy for trying to rile up their base for the midterms is to accuse every left-leaning Democrat of being a “communist” like it’s 1950, those very same Trumpists are taking on a genuinely terrible socialist idea: nationalizing industries.
We’ve already talked about how hypocritical Trump has been in attacking the left as being “socialist” while simultaneously giving his own government stakes in both US Steel and Intel, and now he’s talking about taking ownership of the various big AI companies as well.
US President Donald Trump is planning to meet the bosses of some of the country’s most notable artificial intelligence (AI) companies to discuss the government taking a financial stake in their future.
Speaking on Air Force One, Trump said the goal of the US government investing in AI companies was to “create almost a partnership with the American public”.
And later reporting has suggested that OpenAI is discussing coughing up 5% to appease Trump:
OpenAI has proposed handing the U.S. government a 5% stake in the company, the Financial Times reported Thursday, as the artificial intelligence startup seeks to defuse mounting political pressure in Washington.
A 5% holding would be worth roughly $42.6 billion, after the AI lab closed a record-breaking funding round in March at a post-money valuation of $852 billion.
It’s fun to watch the media frame this as “giving the public access to a dividend from the AI companies” rather than “Donald Trump demanding a cut to avoid attacking these companies.” Just look at the NY Times’ framing:
In the Oval Office on Wednesday, Mr. Trump said he would soon host a meeting with the top “12 or 15 executives” in the A.I. industry to discuss the idea of companies’ “giving back something to the public.” He added, “If we do that, the public will become very rich.”
The comments built on Mr. Trump’s remarks on Friday when he was first asked about the U.S. government’s acquiring stakes in A.I. companies. He said then that he wanted to meet with the companies to discuss providing the United States with stakes in their business, which “could be given to the American public.”
Yeah, sure, the public will become very rich, says the man who has used his position as president to inside trade his way to insane wealth. And how, exactly, will “the public” get back this money? And how will the government ensure that if the currently quite-inflated AI market drops that “the public” isn’t left holding the bag?
And, sure, there are some potentially interesting questions regarding how more people could benefit from the potential wealth that AI companies might generate. But it’s all highly speculative and still massively unlikely. But if there actually is evidence and an idea for actual redistribution of wealth because of AI company dominance, that would involve a way more nuanced, complex, and thoughtful discussion than Donald Trump saying “gimme 5%.”
But, really, what gets me most about all of this is, as I keep pointing out, how many of the AI VC bros during the Biden era, went absolutely apeshit over the Biden admin’s very weak policies on AI, which were basic guidelines and voluntary agreements that had no whiff of nationalizing the industry. But, with Trump talking about literally demanding cuts of these companies… you don’t see any complaining.
Instead, they’re out there whining about how some left-leaning politicians in NY are winning elections and how that’s the coming rise of “socialism.” Literally a couple months ago Marc Andreessen was on Joe Rogan talking about how these dumb young progressive kids support “socialism” even though “it never works.” Meanwhile, Andreessen was just appointed by Trump to some government policy board. As Trump literally nationalizes parts of the AI industry that Andreessen insisted the prior administration was going to destroy through its woke anti-capitalist policies.
Keep all this in mind the next time you hear Silicon Valley VC bros going around pointing at Democrats and screaming about the “creeping threat of socialist ideology.” If they’re not pointing out that Trump demanding equity from every AI company is way worse than anything that any Democrat has done or even proposed, just know that they’re totally fine with “socialism” where they’re the ones in power.

Note for anyone visiting the site: this troll keeps posting that they have "numerous videos" of people vandalizing the pool. Multiple other commenters have asked for links to said videos. This troll commenter never replies. That's because they're not serious. They're just trolling.
Kinda weird that they had all this supposed evidence and completely failed to convince the courts that it happened. Your own Amy Coney Barrett explained this in great detail in a SCOTUS ruling you refuse to read, but five separate times she highlighted that there was "no evidence" to support such a claim, and later dinged the lower court for pointing to "clearly erroneous" claims about such censorship. If it was so obvious, you'd think they'd maybe have presented the evidence in court? Weird that they didn't. Or, Occam's razor says you're full of shit.
This is why my plan includes a more radical rethinking, not just "stacking the court" but changing the nature of the court: https://www.techdirt.com/2026/01/16/the-case-for-a-100-justice-supreme-court/ Expand it to 100 Justices so that no single justice can matter that much. Along with that, I'd change rules on jurisdiction shopping, increase the number of circuits, and make a bunch of other procedural changes as well. It's not "stacking" the court, which leads to escalation. It's revamping how the courts work.
This is not even remotely equivalent. I asked a legitimate question: I run a small site. We have done nothing to prevent AI scraping. If it's true that AI scraping is overwhelming small sites, I expect we would have seen it. We have not. So I'm legitimately confused as to why. I said (directly, which you ignore — why?) that it's entirely possible other sites are experiencing it. I'm just legitimately confused why we haven't. It honestly makes no sense to me. We should see this influx of bot traffic. And we haven't. So I was hoping someone could explain why. The only thing someone said is that we've been "exempted" but that doesn't make sense to me. Who would exempt us? And why?
Have you read the details of how the two judges associated with this case handled the trial? Because it was not a normal jury trial at all. An initial jury pool was tossed out entirely because the judge didn't like a t-shirt someone wore, and then decided that he alone would conduct voir dire, which is crazy and highly unusual. Have you read about what evidence was allowed for the prosecutors? And what evidence was not allowed for the defense? I'm sorry, but anyone actually following the case would know that this was not a fair jury trial. This was a pair of MAGA judges tilting the scales HEAVILY in favor of one side, starting with the initial bogus mistrial declaration and carrying on through the entire trial. That you're willing to accept this as normal is just as bad as your willingness to accept the DOJ's summary of what happened, which has already been widely debunked.
This commenter is a troll. Everyone can read it and see whether they think he's an effective troll or a pathetic person who is crashing out as more and more people realize his cult leader wears no clothes. I recommend not replying to him. I am only responding here as a service for other commenters.
The complaint added an as-applied challenge. The problem is that the court said it wasn't really "as applied" but was "quasi-facial."
You cannot possibly believe that. Please tell me you're just trolling? You can't honestly be that clueless and ignorant. Are you?
Logged out users trigger the review queue at a much greater rate than other posts because... most of the 2000 spam post attempts per day are unregistered users. But they are all reviewed and posted within a few hours, other than the spam. Never has it been 48 hours. Never has it even been 24 hours. Lying doesn't help your case. It's also extra ridiculous. What other sites still even allow logged out posting? Would you prefer we follow the path of most other sites that massively limit all posts? Some people are never fucking satisfied.
A tip for the wise: never, ever, take the DOJ's word on anything as an honest description of what transpired. Especially during the MAGA Pam Bondi / Todd Blanche era. You will only look like a fool. Many federal judges (though not the ones in this case) have learned this lesson. Why haven't you?
For visitors who are new here, a public service announcement. This comment is from a MAGA cultist troll who spends a surprising amount of time providing trollish comments on this site. He at least used to try to make a point, but as Trump's approval numbers drop lower and lower, and everyone realizes what a problematic Presidency this is, this troll is crashing out and making more and more unhinged comments. Take this one: "you get to sue for defamation over lies." Which is not actually how defamation law works. There are a number of factors that make something defamatory and "lies" is not enough by itself. Second, if this troll had actually read the article (which, of course, he did not, he only posts based on the headline), he would realize that I already addressed the details of why this literally cannot be a viable defamation lawsuit for multiple reasons (both opinion based on disclosed fact, and the lack of actual malice, which this troll will get confused about because he thinks "actual malice" means "really dislikes someone" and despite having had the legal standard explained to him multiple times, he cannot process what the law actually means. Or he doesn't care, because he's just here to troll. Oh, and finally "Seriously it's all made up" is a fascinating claim to make without even the slightest source to back it up. Who should we believe? Perhaps the most respected medical journal on the planet, or a guy who would bend over to lick the boots of his mindless cult leader, who can't bother to cite a single source? That's just trolling. And bad trolling. He was at least more interesting when he made an effort. Indeed, this troll was handy, because he'd use all the standard MAGA talking points, which has been useful for years every time I'm asked to come to DC and talk to officials. But these days, like the remnants of the crumbling facade of MAGA, there's just weird lashing out. Pathetic.
Considering that when they launched and got people to put down their deposits, they promised it would be made in America and have a much larger battery than it actually has... I would think that that is what people would expect. That it's a cheap old HTC phone is not what they sold. Which, yeah, should kinda matter. But I guess if you're selling to cultists who will always insist you can do no wrong, then perhaps they'll get away with the lying, though it really says a lot about the suckers who find this acceptable.
As stated like half a dozen times above:
The "talk to a lawyer" advice was more meant for everyone else beyond Mansell.
The $10k retainer was only about litigating. There is more to having a lawyer than litigating. And I was talking about the things BAM did and the things Schneider did that all happened pre-litigation.
I started with Mint (as other commenters have suggested) and still like it quite a lot, but recently moved on to Kubuntu because I needed Ubuntu underneath for something (at first I tried Cinnamon on Ubuntu, since Cinnamon is basically Mint, but I ran into some problems and moved to Kubuntu and it works great). But to start, I'd start with Mint. And, I know you're not a fan of LLMs, but I will say that Google Gemini helped me a lot in getting through some of the quirks of Linux.
That weapon being... what, exactly? The unconstitutional use of government power to suppress speech? You are actually supporting the idea that Trump should be able to control and suppress speech. Are you that stupid?
Once again, in case people are unaware, this person is trolling. We have regularly criticized people in both parties, were never fans of Joe Biden and spent years criticizing his terrible record on tech policy, just as we spent years criticizing Obama's bad record on tech policy. But note that this troll will do literally anything, twist literally anything into support for Donald Trump, even when he flipped out of identical behavior from Biden. He is not serious. He is a troll. You can check my record against his any day. Only one of us is concerned about actual rights and policies. He is only concerned about kissing the ass of his cult leader.