// Policy

Source: The Wall Street Journal

OpenAI is attempting to preempt regulatory capture by proposing its own fiscal framework—higher capital gains taxes, a sovereign wealth-style AI fund, and expanded social safety nets—before governments impose far stricter constraints on the industry. It's a classic defensive maneuver: by offering a palatable middle path that acknowledges concentration of AI wealth while preserving private incentives, OpenAI hopes to shape the political settlement around AGI rather than cede the conversation to antitrust hawks or socialist regulators. The move signals real anxiety that unfettered AI deployment could trigger a backlash severe enough to shift corporate tax policy and corporate governance, making the proposal as much a bet on technocratic credibility as on the merits of the proposals themselves.