R Street Institute criticizes Sanders' AI Sovereign Wealth Fund Act as threat to US tech leadership
By
by Adam Thierer, Nicholas Thielman
Summary
This opinion piece from the R Street Institute argues that Senator Bernie Sanders' proposed "American A.I. Sovereign Wealth Fund Act" would be disastrous for American technology leadership. The author contends the bill would give the federal government excessive control over AI and computation, politicizing the tech sector, stifling innovation, and undermining U.S. global competitiveness in artificial intelligence. The piece presents a strong free-market critique of government intervention in emerging technology.
Source
Twitter / XR Street Institute criticizes Sanders' AI Sovereign Wealth Fund Act as threat to US tech leadershiprstreet.orgKey quotes
· 4 pulledThe bill represents the most radical and potentially destructive piece of technology legislation ever proposed.
It would politicize the American technology sector in ways that would stifle innovation, concentrate power, and ultimately cede America's technological edge to global competitors.
What would be the quickest way to destroy America's global leadership position in artificial intelligence (AI) and advanced computation and undermine life-enriching innovation in the process?
Sen. Bernie Sanders (I-Vt.) appears to have the answer.
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