More reporting today from the Financial Times that OpenAI suggested a 5% stake for the government:

Sam Altman, chief executive of the ChatGPT maker, has argued that giving the public a financial stake in the company is the best way to share the upside of AI and has suggested a stake of this size in early conversations with the administration, according to two people familiar with the talks.

It’s a good idea, but Trump is so transactional that I don’t trust his administration to manage this. Congress should pass an actual law that sets up the fund.