When the only hospital in town closes
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 9 June 2026
⏱️ 8 minutes
🔗️ Recording | Apple Podcasts | RSS
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Summary
Yesterday, as part of our series examining the economic challenges facing rural health care, "Marketplace Morning Report" host Kimberly Adams visited Thomasville, a town of 3,500 people in southwestern Alabama. Today, we'll learn from town residents what happens to a community — and its local economy — when addressing certain healthcare needs also means a multi-hour drive. But first, what would a government-controlled sovereign wealth fund that invests in AI look like?
Transcript
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| 0:00.0 | The AI boom is creating some unusual coalitions. From Marketplace, I'm Kimberly Adams. OpenAI is |
| 0:10.2 | following the path of Anthropic and SpaceX and says it has filed the preliminary paperwork for an IPO. |
| 0:16.5 | The rapid growth and increasing economic impact of artificial intelligence has generated some |
| 0:22.7 | unexpected alliances. For example, Open AI, Anthropic, President Trump, and Bernie Sanders are all |
| 0:30.3 | discussing the idea of the public having an ownership stake in AI companies through a government-controlled |
| 0:36.1 | sovereign wealth fund. |
| 0:37.9 | Marketplace's Nova Safo reports. |
| 0:40.0 | The idea is simple. |
| 0:41.2 | If the public bears costs through data center buildouts and lost jobs to AI, then the public |
| 0:47.4 | should share in the benefits of the technology through a government-controlled fund. |
| 0:52.1 | If there were financial success from these companies, that would then |
| 0:55.6 | go to that fund and then perhaps be allocated back to the public. Kevin Frazier is the director of the |
| 1:01.4 | AI Innovation and Law Program at the University of Texas. He says AI companies are willing to consider |
| 1:07.8 | contributing shares because it could help counter the growing angst over the |
| 1:12.6 | technology. |
| 1:13.7 | So the biggest thing that's in it for the companies is having a social license to operate. |
| 1:20.3 | If the governments and perhaps individual Americans' financial fortunes are tied with those of |
| 1:25.4 | AI firms, that could take the edge off of public backlash. |
| 1:30.1 | It might also help the companies when it comes to regulation, says Tad de Haven of the Cato Institute. |
| 1:35.8 | It may be the safer bet to not remain on the outside, but to swallow that pill and come on in the |
| 1:43.2 | inside where they may have more say on the future of how this industry is regulated. |
| 1:50.6 | De Haven cautions that this could backfire for companies if the government gains control through stock ownership and dictates what AI companies can do. |
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