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The worry that AI's returns are locked away in private companies is overstated: well under a fifth of American market capitalisation is private.
Drawn from what Phil Trammell said
SubjectAmerica
What Phil Trammell actually said
- Phil Trammell Economist working on the economics of transformative AI
it's already not that hard to index. So it's not There's been a bit of an increase in the privatization of returns but it's still like you know well under 20% of the total market cap of um non-non-tiny companies in in the US is is a private.
Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us
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