The Archives

Everything written by Caden Sepp on law, economics, and more

Don’t Put the Government on the Cap Table

When Washington offers to “share the upside,” check the fine print. With artificial intelligence, the proposed bargain is not just that taxpayers might get a slice of the next great American industry. It is that the federal government would become part owner of the companies that increasingly shape what Americans ask, read, write, and believe. ... Don’t Put the Government on the Cap Table