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Sanders proposes public AI ownership

Sanders proposes public AI ownership

Sen. Bernie Sanders has proposed a plan to establish a sovereign wealth fund funded by a 50% tax on the stock of the largest AI companies that reach $200 million in annual sales. The fund, estimated to be worth around $7 trillion, would be managed by an independent commission and aim to return significant benefits to Americans through direct payments and funding public programs. Sanders emphasizes public ownership and influence over AI companies to ensure that the industry benefits ordinary people rather than a handful of wealthy corporations.

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