Updated
Updated · MIT Technology Review · Jul 6
Altman Discusses 5% OpenAI Stake for US Government, Worth About $42.6 Billion
Updated
Updated · MIT Technology Review · Jul 6

Altman Discusses 5% OpenAI Stake for US Government, Worth About $42.6 Billion

3 articles · Updated · MIT Technology Review · Jul 6

Summary

  • Financial Times reported Sam Altman is in talks with President Donald Trump about giving the US government a 5% stake in OpenAI, reviving his long-running idea that Americans should share in AI wealth.
  • At OpenAI’s $852 billion March valuation, that stake would be worth about $42.6 billion today—roughly $320 per US household if distributed directly, though a government-run fund could instead hold it and pay out returns later.
  • Altman’s pitch rests on two arguments: AI companies profit from human-created books, art and other work without paying creators, and a public stake could ease fears that AI will damage jobs.
  • For OpenAI, the proposal could also help politically by improving public sentiment and aligning with a Trump administration that has shown interest in taking stakes or revenue shares in strategic tech deals.
  • The report says the idea still looks more like narrative than policy: Altman has floated versions of it since 2021, but there is still little sign of a concrete plan.

Insights

If the government becomes an OpenAI shareholder, can it still be trusted to effectively regulate the powerful AI industry?
What precedent does this set for other tech giants if OpenAI gives the government a multi-billion dollar equity stake?
Beyond a small payout, how would this plan truly compensate creators whose work was used to train AI models?