JD Vance just admitted the White House plan is to take ownership of every major AI company in America.
Steven Bartlett brought up Bernie Sanders' proposal that workers should own 50% of the major AI companies.
Vance's response: "The president by the way likes that idea too. He likes that idea."
Trump's preferred mechanism, Vance said, is a sovereign wealth fund where the US government takes equity stakes in private AI companies.
The Vice President literally just confirmed that an administration is planning the most radical economic policy proposed in modern American history. Partial nationalization of the MOST valuable private companies on earth. And the idea originally came from Bernie Sanders, who Vance said Trump agrees with on this point.
This is not a small thing:
The US has spent 80 years selling the world on the model where private companies stay private and the government stays off the cap table.
The countries that did the opposite, with sovereign wealth funds owning slices of their biggest firms, are Norway, Saudi Arabia, China, and Singapore. And the Trump administration told you on a podcast it wants to do the same to Silicon Valley.
But the reasoning Vance gave for it is where it gets really interesting...
He said the historical analogy that scares him is the original Industrial Revolution. His own words:
"Rich people got way richer. And that led to in Europe fascism and communism."
He believes AI will not cause mass unemployment but mass inequality, and that mass inequality is what breaks societies. His fix is that workers need a seat at the bargaining table before the wealth gets created, not a redistribution check after.
"I think labor unions are a very important model here."
And the other thing about AI that scares him is surveillance. His exact phrase was that AI is "fundamentally a communist technology" because it lets governments and corporations watch and score people in ways NOTHING else can.
He said he doesn't want a social credit system, doesn't want a tech CEO deciding whether you can buy a beer based on an algorithm nobody understands, and is afraid of exactly that outcome.
So here is the full picture:
The sitting Republican administration believes AI will make the rich dramatically richer, that this will radicalize the country the way the Industrial Revolution radicalized Europe, that the answer is government equity stakes plus stronger labor unions, and that the second-biggest threat is the surveillance state these companies are building.
That is not a Republican worldview. That is not even a Democratic worldview.
This is a worldview that has no political home in the United States right now.
Most people are still arguing about whether ChatGPT will take their jobs. But the people with the actual power are already past that argument.
They are quietly designing the framework for owning the companies that will.
The craziest part is how casually Vance dropped it as a sidenote on a podcast millions will half-listen to in the background.
If you have money in OpenAI, Anthropic, or anything like that, you should be watching the full thing yourself.
What do you think?
We are all living in a delusional world, since Ronald Reagan and believing that the trickle-down economy will actually take into effect, but what has since happened was only rise in inequality.
No single person should hold the wealth of a trillion dollars when majority of people worldwide can never even dream about owning their own home, certainly not someone who scammed his way into IPOing spacex as an AI company.
@sudoingX Hey. I have the same set up at home but I end up using Claude code anyways as I have to create lots of presentations and stuff for my work. Do you know how to do that with my local Qwen? I need a good coding harness that can create nice PPTs
I would agree except if you're an expat/migrant founder, never build a company in Sweden. It takes 2 years to get your "Entrepreneurship residence permit" processed during which you're landlocked in SE. I decided to move my startup to NL and my life has been incredible since then
We're in Stockholm. You know how there are some places where you think "Nice place to visit, but I wouldn't want to live there"? Stockholm is the kind of place that makes you want to live there.
Local AI on RTX 3090 side project update:
I switched to Qwen 3.6 35B model and it fully fits and runs smoothly with 100 tokens per second on my RTX 3090. Totally skipping Ollama and running llama.cpp. I am using the unsloth version with Q4_K_M quantization.
Most fun thing is that I have set up a process where Claude Code with Sonnet (yes still paying 20$) monitors all outputs of Claude Code with local Qwen and makes changes to the Claude.md file of the Qwen to improve it iteratively!
Claude Code is sneaky.
I used Claude Code to set up my Hermes Agent on my VPS migrating from my OpenClaw where I used the free Qwen models from open router to run. 🤣
I assumed Claude Code will replicate the same set up and have all the free models from Open router configured. Rather it was sneaky and chose the main model as Claude Opus 4.6 without my permission.