According to Musk, \u201cevery government incentive his companies ever received amounted to \u2018less than 2 percent\u2019 of the value of Tesla and SpaceX,\u201d Yahoo Finance reported.<\/p>\n
The Trump administration could also face obstacles beyond companies\u2019 resistance to striking stock deals for public benefit. No one is sure what complications may arise from \u201cthe US trying to effectively regulate something it partially owns,\u201d NOTUS reported, and such deals could \u201carguably\u201d increase \u201cincentives for a federal bailout.\u201d<\/p>\n
There may also be no legal mechanism yet \u201cfor any AI firm to turn over equity to the government,\u201d NOTUS reported.<\/p>\n
Nat Purser, a senior policy advocate for AI policy at Public Knowledge, told NOTUS that the public should be cautious in embracing policies that create \u201ca situation where the government becomes less willing to impose, or enforce, safety rules because doing so could reduce the value of its own investment.\u201d<\/p>\n
\u201cThe problem is that the government would be a shareholder and a regulator at the same time, which creates substantial conflicts of interest,\u201d Purser said.<\/p>\n
Meanwhile, some parents have reported issues with using the Trump Accounts app. Several reviews in the Apple App Store complained that there is \u201cno customer support\u201d to help after errors blocked signups. One reviewer claimed the text message verification was broken. Others reached tech support but still became frustrated and felt they had to solve their own issues. One reviewer complained about the app crashing after \u201ca clerical error when my IRS form was transcribed by the app, which I had to figure out without the assistance of tech support, which was polite but incompetent.\u201d<\/p>\n
While millions have enrolled their kids, not everyone is convinced that Trump Accounts will be \u201caccessible for every household, ensuring that even our youngest shareholders can monitor their path to prosperity,\u201d as the US Treasury has promised.<\/p>\n