Bernie Sanders proposes bill giving Americans 50% ownership stake in major AI companies
Summary
Senator Bernie Sanders has proposed the American AI Sovereign Wealth Fund Bill, which would give Americans a 50% ownership stake in major US AI companies like OpenAI and Anthropic. The stake would be funded through a tax on AI companies paid via new stock issuance, timed as these firms prepare for IPOs. The bill draws on concepts from OpenAI and Anthropic, and notes that Trump advisors are also exploring similar government stakes in AI firms.
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Key quotes
· 3 pulledThe American AI Sovereign Wealth Fund Bill would provide Americans a 50% ownership stake in the largest US AI companies.
The stake would be funded through a tax on AI companies, paid by issuing new stock.
The proposal is timed as OpenAI and Anthropic prepare for imminent IPOs.
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