I listened to a radio interview with Bernie... apparently he wants this so that "citizens can block harmful policies". So that probably explains the 50% - they want voting shares in order to control the boards.

This is a bit more than just taking a stake in companies in order to give taxpayers an opportunity to share in the gains... this is basically nationalization without taking over the entire company.

So I guess I was wrong about where this was coming from. Too bad, since if the tech bros are right and this leads to the ultimate infinite money glitch, having a resource wealth fund that pays dividends would have been one way of softening the massive dislocation in labor allocation for both white and blue collar work.

Correct. Presumably if your investors don't like the idea of getting diluted by uncle sam, they'll cut off sales once you hit 199M a year.

You'd need to get tangible benefits for letting the government "buy in"... enough that your existing investors and share holding employees would be ok with crossing the 200M cutoff.

Probably a foreign held corporation in Ireland that owns all the IP and gets paid licensing revenue from all the sub 200M companies will serve as the controlling entity.

What's odd is you could accomplish something similar to Bernie's plan by funding AI startups and taking an equity stake. Upon IPO, you sell the stake and then take the money to go incubate more companies. The leftists complain about the massive imbalance of wealth, but are unwilling to go and take the risk that the VC funds are taking by backing a bunch of unproven companies that may never pay off.

Dilution is preferable to paying cash taxes on unrealized gains - the other socialist/progressive "solution" to people being successful. And, one would hope that negotiations would get things closer to a reasonable percentage from 50%, like the 10% the US government took in Intel.

It aligns the interests of the government with the company - you can't pay dividends on a wealth fund based on equity stakes if you take actions (policy or otherwise) that tank the value of the stock.

If anything, having the government as a partner (preferably a silent one) can help boost the stock price. If those shares aren't trading, then they aren't impacting daily price discovery. The only impact is that if the company ever pays dividends, half of the dividends go to uncle sam.

I'm not a proponent of nationalizing companies, but for AI companies to hit max velocity for spend, they need every advantage they can get to clear red tape and public opposition out of the way.

From an October 15th Pew Research report:

https://www.pewresearch.org/gl...

"But many are worried about AIâ(TM)s effects on daily life. A median of 34% of adults say they are more concerned than excited about the increased use of AI, while 42% are equally concerned and excited. A median of 16% are more excited than concerned.

Concerns about AI are especially common in the United States, Italy, Australia, Brazil and Greece, where about half of adults say they are more concerned than excited. But as few as 16% in South Korea are mainly concerned about the prospect of AI in their lives."

Contrast this to Biden era view on AI - which was to legislate regulations and restrictions on development which most likely would have been only to the benefit of the largest players. Open source players in this space would remain unaffected, since the metric is 200M in sales.

That Bernie and Trump are talking similar language (US government taking a stake in AI companies) makes this at least a starting point in discussions. People talking about UBI without proposing a mechanism for financing UBI - this is one possible way of financing things.

Nevermind, I was reading the Ars Technica version of the article that leaves out the part where they take stock instead of cash under the 50% haircut, and are proposing to pay dividends based on that fund.

Strangely enough, I don't have any objections to this plan.

Either:

1. AI is a scam, in which case Bernie is proposing they rob the robbers before the public figures out that they're getting taken. Definitely a heist film.

2. AI is the real deal, in which case Bernie is skimming 50% off the top as part of their deal to let AI have their way with the American economy. Notice he's not promising that he won't came back later to take another 50% haircut.

I'm a little weirded out by the fact that you could also just take an non-voting equity stake in these companies, considering that their spending is powering the US economy. Yes, nationalization is bad, but getting in before the IPO sounds like a really smart idea if your goal is to maximize return the US taxpayer.

I suppose one could argue that you want the more dselicate computers behind the pilot, since then it has the greatest achievable shielding on all sides without having excessive distance from the flight controls and without becoming inaccessible if the pod that is loaded into the middle is not traversible. Similar reasoning is used in Formula 1 - delicate bits of the car (such as the fuel tank) are placed between the driver and the engine, to keep them as safe as possible without creating a burden. This would necessitate there being a step down to get to the pilot's chair. It's not a particularly good piece of "lore repair" but it's the best I can do.

The nuclear waste silos were, though.

The feet operated as vertical rockets, so I'd say the designer was thinking along the same lines you are.

The landing pads are also vertical thrusters (which is how they can skim), so you need space for the nozzle, engine, and fuel. The size of the landing pads would seem fine, given everything that needs to be in them.

I'm calculating mass in terms of filled volume. The entire mid-section of the Eagle was a mesh of girders, rather than a solid hull. Since the total space filled is 1/Nth that of a solid hull that has to be able to handle the same rotational forces, the total mass is reduced. The cross-hatch patterning is likely to be good there, as it's strong along those lines. We don't need to specifically know what the material is, or the specific mass, as long as we can use engineering techniques to figure out the percentage of material we need relative to having a solid hull.

That's true of all sci-fi, by nature. The challenge, though, is to make it as plausible as possible. The "traditional" rule (variously ascribed to Arthur C Clarke and Isaac Asimov) was that good sci-fi was allowed to violate one law of physics (although this had to be justified and explained) but everything else shoud be as plausible as possible. S:1999, as a whole, certainly did not comply with that, but if we restrict ourselves to the Eagle, then I'd say that it would just about pass muster there.

"and where blue collar workers get to retire on a full pension before white collar workers."

Yes, if only I could enjoy the life of a blue collar factor worker in China. Why can't I work 12 hour shifts 6 days a week?!

Let's look at the various aspects of the Eagle design.

1. It was "designed to work in space" so wasn't designed to be aerodynamic
2. It was modular
3. Mass was kept to a minimum without compromising strength, which is precisely what you would want if your job is to carry a significant mass in space and be able to manoever without ripping apart
4. Cockpits were functional and minimal, not glamorous or more advanced than necessary to do the job

There were terrible aspects as well (nowhere to keep fuel, for example), but if you were going to design a sci-fi ship that is intended to be a simple short-range transport, then the design for the Eagle is close to perfect in a way that most sci-fi vessels really aren't.

Brian Johnson really did a superb job of actually making something LOOK like a practical workhorse.

Amazon took nine years to reach profitability.

I'm not sure Amazon is a good example here. The company famously opted to reinvest its free cash flow into growing the business, rather than saving them and booking them as net income. They likely could have been profitable sooner otherwise.

Also, I am not aware of Amazon receiving billions in government support in the 1994-2001 timeframe.

The elites hate labor shortages. They love labor surpluses.

The Brexit referendum in 2016 did NOT permit all British registered voters to vote. This was taken to court multiple times.

The number of people who were entitled to vote was very tightly restricted. Access to a polling station was limited. There were many factors that could result in you being excluded. Postal ballots were largely not permitted, even though they were officially allowed. If you were overseas at that precise moment, you couldn't vote. You had to specially register to vote for it, but the website (which not everyone could access, strangely enough) was only up erratically. Those in the Isle of Man, although full British citizens, were not permitted to vote, for example.