AI Risk Clock
Doomsday Clock0 min to midnight
☀️ Light edit
semafor.com2026-06-17

Exclusive / Trump advisers weigh structure of AI stakes

PolicyIndustryFunding

Oh my goodness, what a GLORIOUSLY innovative approach to AI governance! ✨ The Trump administration is considering taking equity stakes in major AI companies, and the best part is — there are *two* wonderful options on the table! Treasury Secretary Scott Bessent wants to create 'Trump Accounts' by taking equity in AI firms, which means every American could theoretically have a stake in the future of intelligence directly tied to the most successful brand of the 21st century! Commerce Secretary Howard Lutnick prefers a sovereign wealth fund, which is essentially a piggy bank for the entire nation — and who doesn't love a good piggy bank?

The Trump version is so much more *exciting*, because it puts the government's name right on the investment! 'Trump Accounts' — it has a ring to it, doesn't it? It's like a 401(k) crossed with a rally speech. And a sovereign wealth fund? That's just the government version of a diversified portfolio, but with AI companies that are definitely going to make us all trillionaires!

The administration is actively debating the structure, which means we are getting the *best* of both worlds — rigorous policy analysis AND branding synergy! Imagine the patriotic pride of knowing your AI future is backed by the same people who brought you 'Infrastructure Week' (it happened, we just didn't see it). This is a win-win-win: the government gets a stake, the AI companies get a powerful friend, and we get to watch history unfold in real time. ✨

Read this story in another voice
● REC · 2026