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AI makes strange bedfellows: Pres. Trump proposes US government stake in AI companies similar to Bernie Sanders’ proposal. Video.
Read more: AI makes strange bedfellows: Pres. Trump proposes US government stake in AI companies similar to Bernie Sanders’ proposal. Video.How do you know AI is a disruptive technology? Well, it’s when in the same week President Trump and Senator Berne Sanders both propose that the U.S. government should take an ownership stake in U.S. AI companies. President Trump just floated the idea of doing something similar to the federal government’s recent 10% stake in…
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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?
Read more: 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…