As artificial intelligence companies continue to attract massive valuations and expand their influence across the economy, Sen. Bernie Sanders has introduced legislation aimed at giving Americans a direct ownership stake in the industry's growth.
The proposal would establish a national sovereign wealth fund financed through a one-time 50% tax on the stock of the largest AI companies in the country. Sanders said the measure is designed to ensure that the economic benefits generated by artificial intelligence are shared more broadly rather than concentrated among a small group of technology firms and investors.
