Vance advocates for the state to hold shares in AI giants, while Musk suggests directly giving money to the public to cope with future major deflation.

Odaily reported that US Vice President JD Vance stated in an interview with CEO Diary that Trump supports the establishment of a US sovereign wealth fund and holding equity in leading AI companies. Vance believes that large AI enterprises should not be allowed to become unrestrained monopolies, and advocates for the country to hold shares and implement mechanisms for labor participation, enabling ordinary workers to directly share in the economic dividends brought by AI.

In response, Musk publicly stated on X that, compared to the government holding company equity, a better approach would be for the Treasury to directly distribute money to the public. Musk noted that, driven by AI and robotics, the growth in supply of goods and services will outpace the growth of the money supply, meaning direct cash distributions would not cause inflation. Instead, the real issue to address in the future will be "major deflation."

The disagreement mainly centers on the path for wealth distribution. Vance prefers distributing returns by the government’s participation in the production side, while Musk advocates for directly subsidizing citizens on the consumption side and opposes government intervention in corporate ownership structures.