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AP Exclusive: Bernie Sanders unveils plan to give the public direct ownership of AI companies
- Sen. Bernie Sanders proposes a one-time 50% stock tax on the biggest AI firms to create about a $7 trillion sovereign wealth fund, making the public a major shareholder with voting power over companies.
- The fund would pay a 5% annual dividend—estimated as $1,000+ per person—and finance programs like health care, education and housing.
- The idea of a public stake in AI has bipartisan echoes (Trump, OpenAI’s Sam Altman have floated similar notions), but Sanders’ plan is much more sweeping and taps into worries about job loss and concentrated corporate power.
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