Bernie Sanders unveils plan to give the public direct ownership of AI companies

6 hours ago

Bernie Sanders proposes a public ownership plan for AI companies through a sovereign wealth fund.
The fund would be financed by a one-time 50% tax on stock of AI companies with $200M+ annual sales.
An independent commission would manage the fund, using voting shares to influence corporate decisions.
Annual dividends from the fund could provide direct payments to Americans and fund public programs.
The plan has drawn interest from diverse figures like Donald Trump and Sam Altman, though Sanders' proposal is more aggressive.
Sanders plans to campaign on AI ownership and wealth inequality, aligning with voter concerns about job threats.

Hasty Briefsbeta