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Fortune
Fortune
Jason Ma

Former AI czar calls Sanders' proposal for government equity a 'stupidity tax' and warns against nationalization as Trump mulls public stakes

David Sacks Donald Trump Sam Altman Bernie Sanders Dario Amodei United States NOTUS
(Credit: Andrew Harnik/Getty Images)

The Trump administration’s former AI czar sounded the alarm on giving the federal government equity stakes in top AI companies, while his former boss hinted favorably at the idea.

In an X post on Friday, David Sacks said he’s not a fan of Sen. Bernie Sanders’ bill that would establish 50% government ownership in AI companies.

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