Sen. Bernie Sanders proposes AI Sovereign Wealth Fund giving all Americans a monetary stake in fund overseen by US government from 50% stock shares of AI companies. US government would be a voting Board member on all AI companies. Should Congress pass it?

Last week it was Pope Leo XIV to issue a bold AI-related encyclical. Well, this week, it’s Senator Bernie Sanders’ turn. In the New York Times, Senator Sanders has proposed a bold new idea: the American A.I. Sovereign Wealth Fund Act proposes to impose a 50% tax on AI companies in the United States to … Continue reading Sen. Bernie Sanders proposes AI Sovereign Wealth Fund giving all Americans a monetary stake in fund overseen by US government from 50% stock shares of AI companies. US government would be a voting Board member on all AI companies. Should Congress pass it?