If the Markets Reject OpenAI and Anthropic, the US Should Nationalize Them

This article argues that the market’s excessive hype and valuation of AI companies like OpenAI and Anthropic are unsustainable and proposes a radical solution: the US should nationalize these companies and transform them into public agencies. The author contends that the current model prioritizes private profit over public benefit and suggests a shift towards democratic oversight and alignment with societal values. They highlight existing models of successful public AI labs in other countries and advocate for a transition to a system focused on scientific cooperation and resource efficiency, rather than competitive, profit-driven development.