The Download: your stake in OpenAI, and the Treasury's AI warning

Plus: Samsung profits have jumped 1,800% on booming AI chip sales. Sam Altman's proposal that Americans should share in the wealth created by AI is back in the spotlight, with reports that he is discussing giving the US government a 5% stake in OpenAI. At the company's current valuation, that stake would be worth roughly $320 per American household. The idea is meant to address concerns that AI companies are benefiting from human-generated work without compensating creators, while also easing fears that AI will cause a collapse of the labor market by providing a safety net. The details, however, remain unclear. Indeed, the offer may be more powerful as a political narrative than as a policy plan.