If the Markets Reject OpenAI and Anthropic, the US Should Nationalize Them
Opinion essay argues the US should nationalize OpenAI and Anthropic into public labs if markets reject their trillion-dollar IPO valuations.
Sanders and Schneier argue in The Guardian that OpenAI and Anthropic may never be sustainably profitable, citing commodity models, short depreciation windows, and free open-source competitors only months behind in capability. They propose converting the labs into US national labs or regulated public utilities if markets reject their recently filed IPOs, which buzz valued at trillions of dollars. They cite public backlash to AI datacenters, Nvidia's slumping stock, and public AI labs in Switzerland, Spain, and Singapore as context.
- Essay proposes nationalizing OpenAI and Anthropic if IPOs fail.
- Frontier AI economics: costly training, fast depreciation, commodity pricing.
- Open-source and Chinese rivals undercut the labs within months.
- Public AI labs already operate in Switzerland, Spain, and Singapore.
From the original article
6 min read at schneier.comThis essay was written with Nathan E. Sanders, and originally appeared in The Guardian . OpenAI, and then Anthropic , were each formed by AI developers who feared unrestrained corporate AI development—specifically, that companies like Google and Meta would steer the technology towards deleterious, maybe even catastrophically unsafe, outcomes for society.
By Bruce Schneier · schneier.com
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