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Bernie Sanders is pushing to give the American public a 50% stake in top AI companies

The Washington Post

Bernie Sanders pitches $1,000 annual payout from public ownership of AI

The Hill

Sanders unveils bill to create AI sovereign wealth fund

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AP Exclusive: Bernie Sanders unveils plan to give the public direct ownership of AI companies

Bernie Sanders US Senator for Vermont

NEWS: Sanders Introduces Legislation to Create $7 Trillion AI Sovereign Wealth Fund

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Bernie Sanders: A.I. Is a Public Resource. You Should Own Half of It.

World Socialist Web Site

Bernie Sanders’ AI “sovereign wealth fund”: a public-private partnership to bail out the tech giants

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Trump Considers Government Stakes in Leading AI Companies U.S. President Donald Trump said his administration is considering taking stakes in leading artificial intelligence companies, marking a signi

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When AI concern go mainstream in US?

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There's a "wall of fear-mongering and doomerism" in the AI world right now.

"Worrying about AI today is like worrying about overpopulation on Mars."

Concerns that AI could pose a threat to humanity is "preposterously ridiculous."

Claiming AI poses an existential threat is "such an extreme" and risks "wip[ing] out some of its potential benefits."

"I'm more concerned about... the risks that are here and now [than the existential threat of AI]."

Current AI is "not anywhere close" to posing an existential threat but it could in the future.

AI is the "biggest existential threat" to humanity.

AGI's worst-case scenario would be "lights-out for all of us."

Powerful AI systems "taking control" pose an "existential threat."

AI has a "10 to 25 per cent" chance of destroying humanity.

"The most likely result of building a superhumanly smart AI... is that literally everyone on Earth will die."

Does AI Pose an Existential Threat to Humanity?

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"AI may cause the most dramatic and sustained economic boom of all time."

AI will make the world "way wealthier" and lead to a "productivity boom."

AI is an "amplifier of human intelligence" and will help the economy thrive.

AI will enable "universal high income" in place of "universal basic income."

"AI may become the heart of future economic growth in the coming decades."

AI harms could include "disrupting economies."

AI could "disrupt job markets."

"AI and technological unemployment" are the "biggest problem we face" from an "economic point of view."

"The moment superintelligent AI emerges, the human economy will end."

Will AI Bring Economic Risks?

Sen. Bernie Sanders introduced the American AI Sovereign Wealth Fund Act on Thursday, proposing a one-time 50% stock tax on the largest AI companies to create a federally managed sovereign wealth fund estimated at around $7 trillion.

Sen. Bernie Sanders introduced the American AI Sovereign Wealth Fund Act on Thursday, proposing a one-time 50% stock tax on the largest AI companies to create a federally managed sovereign wealth fund estimated at around $7 trillion.

Under the bill, AI companies generating at least $200 million in annual revenue would be required to transfer half their shares to the fund, which would be overseen by a seven-person independent commission nominated by the president and confirmed by the Senate.

Under the bill, AI companies generating at least $200 million in annual revenue would be required to transfer half their shares to the fund, which would be overseen by a seven-person independent commission nominated by the president and confirmed by the Senate.

The fund would distribute a 5% annual dividend, which Sanders estimates would provide every American with a direct payment exceeding $1,000 per year. Additional proceeds could fund public programs including health care, education and housing.

The fund would distribute a 5% annual dividend, which Sanders estimates would provide every American with a direct payment exceeding $1,000 per year. Additional proceeds could fund public programs including health care, education and housing.

The legislation would also require large companies operating both AI and non-AI businesses to separate those operations, ensuring the public receives an ownership stake specifically in the AI portion of those firms.

The legislation would also require large companies operating both AI and non-AI businesses to separate those operations, ensuring the public receives an ownership stake specifically in the AI portion of those firms.

Trump said earlier this month his administration was considering taking government stakes in leading AI companies, while OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei have each floated ideas for broader public ownership of AI wealth.

Trump said earlier this month his administration was considering taking government stakes in leading AI companies, while OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei have each floated ideas for broader public ownership of AI wealth.

Former Trump administration AI and crypto czar David Sacks called Sanders' proposal "a straight up confiscation of property" but said he could support voluntary public ownership concepts. Microsoft President Brad Smith said his company was "not really interested in selling ourselves to any government."

Former Trump administration AI and crypto czar David Sacks called Sanders' proposal "a straight up confiscation of property" but said he could support voluntary public ownership concepts. Microsoft President Brad Smith said his company was "not really interested in selling ourselves to any government."

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