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Sanders: Give public 50 percent stake in AI companies

Sanders: Give public 50 percent stake in AI companies

Summary

Senator Bernie Sanders plans to introduce a bill called the AI Sovereign Wealth Fund Act. This bill would give the public a 50 percent ownership share in large artificial intelligence companies.

Key Facts

  • Senator Bernie Sanders represents Vermont and is an independent.
  • He will introduce the AI Sovereign Wealth Fund Act soon.
  • The bill aims to give the public half of the ownership in big AI companies.
  • Sanders announced this plan in a video message lasting about seven minutes.
  • The proposal is part of efforts to address the impact and profits of AI technology.
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