Comment on A Majority of Americans Now Support Seizing Wealth From AI Industry
msage@programming.dev 3 weeks agoYea and no?
I just know it’s being handled by Oracle, does any money go to the state?
Comment on A Majority of Americans Now Support Seizing Wealth From AI Industry
msage@programming.dev 3 weeks agoYea and no?
I just know it’s being handled by Oracle, does any money go to the state?
uriel238@lemmy.blahaj.zone 3 weeks ago
Looking it up, Bytedance still gets half the profit from TikTok and the rest is distributed to Oracle, Silver Lake, and MGX, so, no, no profits are going into the US treasury.
And it’s also observed, capturing TikTok may just be the same move as the German Reich to turn media into a state-sanctioned mouthpiece. But I don’t know who determines the parameters of the TikTok algo.
msage@programming.dev 2 weeks ago
I remember vaguely that algo was supposed to be in the hands of Oracle, otherwise it doesn’t make any sense.