sanitation@lemmy.radio to Technology@lemmy.worldEnglish · 2 months agoBernie Sanders pushes for 50% public ownership of American AI companies — proposes AI sovereign wealth fund that would hold direct ownership stakes in largest AI firmswww.tomshardware.comexternal-linkmessage-square41linkfedilinkarrow-up1234arrow-down112
arrow-up1222arrow-down1external-linkBernie Sanders pushes for 50% public ownership of American AI companies — proposes AI sovereign wealth fund that would hold direct ownership stakes in largest AI firmswww.tomshardware.comsanitation@lemmy.radio to Technology@lemmy.worldEnglish · 2 months agomessage-square41linkfedilink
minus-squaresp3ctr4l@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2·2 months agoIt is a 50% share thus it is a controlling interest. It would also simply be seized, not paid for.
minus-squareosaerisxero@kbin.melroy.orglinkfedilinkarrow-up1·2 months agoA 50% share is not a controlling interest. A majority would be 51% or 50% + 1 share.
minus-squaresp3ctr4l@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·2 months agohttps://www.investopedia.com/terms/c/controllinginterest.asp A controlling interest occurs when a shareholder or group gains enough shares to exercise major influence over a company’s governance and strategic direction. No, it is, you’re wrong.
It is a 50% share thus it is a controlling interest.
It would also simply be seized, not paid for.
A 50% share is not a controlling interest. A majority would be 51% or 50% + 1 share.
https://www.investopedia.com/terms/c/controllinginterest.asp
No, it is, you’re wrong.