Trump says he thinks AI companies will agree to ‘giving back’ to the public

SHARE NOW

By Bo Erickson, Trevor Hunnicutt and Courtney Rozen

WASHINGTON, June 10 (Reuters) – U.S. President Donald Trump said on Wednesday that he expects top artificial intelligence companies to agree to “giving back” to the public, an apparent reference to a possible government stake in the firms.

“I’m going to have meetings with the top 12 or 15 executives very shortly, and we’re talking about giving back something to the public, and if we do that, the public will become very rich,” Trump told reporters in the White House’s Oval Office. “I think they’ll do that, and I think it’ll make it very popular.”

Concern is growing among Americans about AI negatively impacting their lives. Half of Americans fear that the rise of AI could put them or someone in their household out of work, according to a Reuters/Ipsos poll completed on Monday.

AI companies Anthropic, OpenAI, Google and Meta did not immediately respond to requests for comment.

A Trump spokesperson did not immediately respond to a request for more details about the president meeting with AI executives.

OpenAI is targeting a valuation of up to $1 trillion, Reuters previously reported. An agreement to give the U.S. government equity stakes could have a massive impact on the U.S. government’s finances.

(Reporting by Bo Erickson and Trevor Hunnicutt; Editing by Doina Chiacu and Mark Porter)

Brought to you by www.srnnews.com