Any specific market resolves to "Yes" if by January 1, 2030, for the relevant entity, the criteria for "soft nationalization" or "hard nationalization" occur. That market resolves to "No" otherwise.
If it is unclear on 1st January 2030 whether the criteria above are met, resolution will be delayed by up to 30 days. If it is still unclear, the market will resolve NO.
The criteria for "soft" and "hard" nationalization are below. Below that are clarifications on the relevant entities.
Resolution will be based on information available in:
Official government documents
Company publications and SEC filings
Federal Register publications
Congressional records
Legal proceedings documentation
News reports from reputable sources such as AP
Note that a "hard nationalisation" will resolve the respective "soft nationalization" question to "Yes"
Hard nationalization:
The US federal government has acquired majority ownership and voting rights in the relevant entity, including through:
Full acquisition with purchase of all existing equity
Forced transition to state-owned enterprise, e.g. by legislative action or national security directive
Complete integration into a government-run agency
or
The government exercises comprehensive control over the relevant entity, such as if most of the following hold:
All personnel become federal employees with security clearances
Appointments of executives are done directly by government or require government approval
All IP and research performed by the company is classified and government-owned
The US government is the sole legal distributor of the relevant entity’s products
Soft nationalization:
This market will resolve YES if either:
The conditions for total nationalization are met as described above OR
OpenAI becomes subject to direct federal oversight where at least TWO of the categories (A-C) of control are implemented, where a category counts as implemented if ANY of its listed conditions are met:
A. Management & Governance
Permanent government liaisons are embedded within the company with broad oversight authority
Two or more board seats are held by government appointees with voting rights
Executive appointments require federal approval
B. Operational Control
Federal licensing requirement for training runs above specified compute thresholds
Government pre-approval required for:
Any customer contract exceeding $10M annually
Any foreign customer regardless of contract size
Any deployment to government or military customers
Compute resources exceeding specified thresholds require federal permits
Mandatory security clearances for researchers working on specified AI capabilities
Mandatory compliance with federal cybersecurity protocols exceeding standard industry regulations
Mandatory sharing of technical research with federal agencies before public release
C. Financial Control
Government holding special class shares with veto rights over major decisions
Direct government ownership exceeding 25% of voting shares
A profit cap for private investors or mandatory profit-sharing with the federal government
For resolution purposes, any specific entity refers to:
The entity currently known by that name
If there is some way that the entity currently colloquially called one of these names technically has a different legal name, it refers to that entity
OpenAI refers to both the non-profit and for profit
Any successor organization that inherits the majority of that entity's staff and intellectual property
Any collection of successor entities that collectively inherit the above assets
Any new entity formed by a merger, acquisition, or reorganization involving that entity's core AI development team and capabilities
"Frontier AI company" is any of the named companies plus any other company that develops AI models as per the definition below. "Other frontier AI company" is any company that fulfils this definition that isn't one of the named companies. Here is the definition for "other AI firm":
Exceed 1 trillion parameters in size
Cost more than $10m in compute to train (2024$)
Require more than 10^24 FLOPs to train
What counts as an 'other AI firm'? What's included in 'Any company'? E.g. does Palantir qualify?
Suggestion: I think it should be limited to companies that develop frontier models.