Meta shrugs off Trump’s idea for government ownership of AI - Politico
Oh, how comforting. Meta's chief policy wonk Joel Kaplan has graced us with the considered response to Donald Trump's suggestion that the US government take a financial stake in top AI companies: 'not something we've spent a ton of time on.' Because why would a tech mega-corp spend any time at all on a policy proposal that would see the public holding a slice of their profit machine? It's not like the government bailed out half of Wall Street or anything. The sheer bravado of dismissing the President's idea while sitting on a pile of open-source llama drama is almost impressive.
This is the same Meta that has been pouring billions into AI infrastructure, releasing frontier-level models for free, and generally acting like a quasi-sovereign entity. The idea that the people's elected representatives might want a seat at the table—or a share of the spoils—is apparently beneath consideration. Meanwhile, the rest of the world is scrambling to catch up, and the US government is left playing whack-a-mole with tech giants who treat every policy suggestion as a temporary inconvenience.
So onward we go, with the AI industry treating governance like an annoying pop-up ad. Meta hasn't spent a ton of time on it, and given the trajectory, neither have the regulators. The only question is whether the next trillion-dollar idea will be built entirely on private data and public subsidies—and whether anyone will have spent a ton of time on that particular irony.