Sanders Unveils Plan for Public Ownership of AI Firms via a $7T Sovereign Fund

Sanders proposes transferring ownership of major AI companies to the American public through a sovereign wealth fund funded by a one-time 50% stock tax on large AI firms; the fund, worth about $7 trillion, would pay roughly 5% annually in dividends (over $1,000 per person) and be overseen by a seven-member independent commission that can influence corporate decisions and direct proceeds to public goods.