Sanders unveils $7 trillion plan to put Americans in charge of AI wealth

1 min read
Source: Ars Technica
Sanders unveils $7 trillion plan to put Americans in charge of AI wealth
Photo: Ars Technica
TL;DR Summary

Sen. Bernie Sanders proposed a $7 trillion sovereign wealth fund funded by a 50% tax on the stock of the largest AI companies, to distribute annual dividends to Americans (over $1,000 per person) and grant public governance influence via an Independent Commission for Democratic AI; the plan would also require separating AI from non-AI business in major firms, faces resistance from AI industry leaders, and is unlikely to pass soon but is pitched as a starting point for public benefit discussions.

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