POLITICSJul 21 · 21:58 UTCFORTUNEEva Roytburg

Billionaire Mike Bloomberg warns Trump’s AI ownership plan would make ‘George Orwell blush’

Billionaire Mike Bloomberg criticizes President Donald Trump's proposal to take a governmental stake in AI companies, arguing it would lead to cronyism and central planning. Bloomberg warns the move could result in propaganda akin to George Orwell's dystopia and suggests tax reforms instead of government ownership to ensure public benefit from AI advancements.

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Mike BloombergpersonDonald TrumppersonBloomberg OpinionorganizationAI companiestopicKarl MarxpersonGeorge OrwellpersonU.S. governmentorganizationChinaplace

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