Senate Bill Would Require AI Firms to Yield Half Ownership to Public (opens in new tab)

Sen. Bernie Sanders (I-Vt.) has introduced a bill that would impose a one-time 50% tax on the stock of the biggest artificial intelligence (AI) companies and deposit that stock into a new sovereign wealth fund, giving the public 50% ownership of the companies. At current valuations, the sovereign wealth fund created by the “American A.I. […] The post appeared first on <a href="