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social-democracyClear
Norway Should Buy OpenAI
openaiai-governancesocial-democracyai-ethics
Opinion

Norway should buy OpenAI

A proposal calls on Norway’s Government Pension Fund Global (GPFG) to buy OpenAI and ultimately place the AI lab under international multilateral governance. The proposal argues that increasingly capable AI could automate most or all jobs, concentrate wealth and power among system owners, and create societal risks that private companies cannot adequately manage. It characterizes large language models as products of collectively created data, publicly funded research, universities, and internet infrastructure. The proposal puts GPFG’s value at more than $2 trillion and OpenAI’s valuation at about $800 billion, arguing that Norway could finance an acquisition by liquidating roughly 40% of the fund’s portfolio, despite violating its mandate. It says OpenAI began as a nonprofit with capped profits and a windfall clause, and alleges that approval from the California attorney general enabled the organization’s conversion to a for-profit corporation and removal of those commitments. The proposal cites Norway’s democratic stability, management of oil wealth, foreign-aid spending, mediation record, and international institutional ties as reasons to trust it with a temporary stewardship role. It acknowledges that the U.S. government would probably block such an intervention and urges broader policy planning for public or democratic ownership of leading AI labs.

onethousandmeans.com

🔥🔥🔥🔥🔥

4 min

7h ago

Norway should buy OpenAI

A proposal calls on Norway’s Government Pension Fund Global (GPFG) to buy OpenAI and ultimately place the AI lab under international multilateral governance. The proposal argues that increasingly capable AI could automate most or all jobs, concentrate wealth and power among system owners, and create societal risks that private companies cannot adequately manage. It characterizes large language models as products of collectively created data, publicly funded research, universities, and internet infrastructure. The proposal puts GPFG’s value at more than $2 trillion and OpenAI’s valuation at about $800 billion, arguing that Norway could finance an acquisition by liquidating roughly 40% of the fund’s portfolio, despite violating its mandate. It says OpenAI began as a nonprofit with capped profits and a windfall clause, and alleges that approval from the California attorney general enabled the organization’s conversion to a for-profit corporation and removal of those commitments. The proposal cites Norway’s democratic stability, management of oil wealth, foreign-aid spending, mediation record, and international institutional ties as reasons to trust it with a temporary stewardship role. It acknowledges that the U.S. government would probably block such an intervention and urges broader policy planning for public or democratic ownership of leading AI labs.

onethousandmeans.com

🔥🔥🔥🔥🔥

4 min

7h ago

Norway should buy OpenAI

A proposal calls on Norway’s Government Pension Fund Global (GPFG) to buy OpenAI and ultimately place the AI lab under international multilateral governance. The proposal argues that increasingly capable AI could automate most or all jobs, concentrate wealth and power among system owners, and create societal risks that private companies cannot adequately manage. It characterizes large language models as products of collectively created data, publicly funded research, universities, and internet infrastructure. The proposal puts GPFG’s value at more than $2 trillion and OpenAI’s valuation at about $800 billion, arguing that Norway could finance an acquisition by liquidating roughly 40% of the fund’s portfolio, despite violating its mandate. It says OpenAI began as a nonprofit with capped profits and a windfall clause, and alleges that approval from the California attorney general enabled the organization’s conversion to a for-profit corporation and removal of those commitments. The proposal cites Norway’s democratic stability, management of oil wealth, foreign-aid spending, mediation record, and international institutional ties as reasons to trust it with a temporary stewardship role. It acknowledges that the U.S. government would probably block such an intervention and urges broader policy planning for public or democratic ownership of leading AI labs.

onethousandmeans.com

🔥🔥🔥🔥🔥

4 min

7h ago

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