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Bernie Sanders proposes bill to give the public a 50% stake in AI companies (mashable.com)
submitted 5 months ago by to c/technology@lemmy.world
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[–] 2 points 5 months ago (1 child)

US Govt simply seize half the shares/equity/board voting powers in these companies, without paying a cent for them.

they still have half the liability.

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  • [–] 5 points 5 months ago*

    What liability?

    What does that even mean?

    If I own a stock, a share of a company... what does that make me liable for, just owning the stock?

    Do you think that like, if I own a stock, and the company gets sued or something... I personally have to help the company pay out the damages the company is liable for?

    No that's not how stocks or the law works.

    If the company's stock decreases in value after people hear about it having to pay out from a court case, then yeah the stock has less value now... but the government seized the stock, it got it for $0 dollars.

    So there's no net loss.

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