Newly released text offers details on legislation from progressive Sen. Bernie Sanders, I-Vt., for the federal government to take a 50 percent share in leading artificial intelligence companies.
The text of the as-yet unnumbered bill, released Thursday, would put a one-time tax on AI companies with more than $200 million in annual sales, to be paid in stocks. The resulting sovereign wealth fund would then be used to pay dividends to taxpayers and to fund social priorities like education, health care and housing.
