Vance calls for the government to take equity stakes in AI giants, while Musk publicly speaks out in disagreement: instead, directly send money to the public—the future is severe deflation.

According to Beating Monitoring, U.S. Vice President Vance (JD Vance) said in an interview with CEO Diary that Trump supports the United States establishing a sovereign wealth fund and holds equity in multiple leading AI giants. Vance believes it is absolutely unacceptable to let large-model companies grow into monopolists worth trillions of dollars that remain beyond control; otherwise, the rich will get even richer, while the poor will become subordinates. He advocates “pre-distribution” mechanisms that involve state shareholding and the introduction of union collective bargaining, so that workers have a seat at the decision-making table and directly share technological dividends in the initial distribution. This is intended to prevent the poor from ultimately becoming subordinates who rely on the rich’s charity, rather than relying on traditional tax redistribution.

Musk (Elon Musk) then publicly pushed back on X, proposing an alternative that is better than government taking equity—namely, the Ministry of Finance directly giving money to the public. Musk explained that, supported by AI and robotics technology, the growth rate of output for goods and services will far exceed the growth of the money supply, so directly sending money will not trigger inflation. Instead, humanity in the future will need to make every effort to combat deflation.

The core difference between the two is the path to address wealth polarization: Vance favors state shareholding and labor negotiations involving the production side to prevent asset returns from being monopolized by a small number of people; Musk, in contrast, favors direct intervention at the level of monetary policy, opposes government interference in ownership of the means of production, and argues that cash support on the consumption side should be provided by leveraging the material abundance created by technology.