Bernie Sanders unveils $7 trillion plan for public control of AI industry

Ars Technica

Sanders' legislation would create a sovereign wealth fund financed by a one-time 50% tax on AI companies with over $200 million in annual sales, estimated to be worth $7 trillion. Each American would likely receive over $1,000 annually in dividends. A bipartisan Independent Commission for Democratic AI would oversee the fund and block harmful corporate decisions.

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Bernie Sanders pitches $1,000 annual payout from public ownership of AI8 hours agoFinancial_Weather_35Discuss

Ars Technica·Ashley Belanger

12 hours ago