OpenAI wants to make its losses public property

The only things certain in life are death, taxes, and the permanence of a government program. But what happens when a private company turns its agenda into a government program?

You cannot build a more financially secure business model than permanence. That helps explain why OpenAI is now reportedly in discussions with the Trump administration about a possible public equity stake in the company.

Unlike the dot-com bubble, whose infrastructure later supported real economic growth, rotting data centers will not leave behind comparable public value.

After all, what else is a company with $1.4 trillion in obligations and only $14 billion in revenue supposed to do?

Why was OpenAI CEO Sam Altman on Capitol Hill last week? According to the Financial Times, he was effectively selling Americans the rope