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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

America
A private bookmark. Not a position, and never counted.

What Phil Trammell actually said

Word for word, with the source under each one. They did not write this page.

  1. 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 4 Jun 2026 · How quotes work · Something wrong? Tell us

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