BREAKING: Bernie Sanders announces plan for American AI Sovereign Wealth Fund that would take ownership stakes in the largest AI companies and make direct payments (UBI) to citizens. It references Alaska and Norway's sovereign funds as working examples.
'When a public resource generates wealth, the public should share in that wealth. A.I. is being built on a public resource far more valuable than oil: the accumulated knowledge, creativity and labor of mankind.'
'This is not an original idea... Anthropic, led by Mr. Amodei, similarly proposed the creation of βnational sovereign wealth funds with stakes in A.I.β Mr. Musk, who runs xAI, wrote, βUniversal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI... Even President Trump, in an executive order, has proposed establishing an American sovereign wealth fund.'
'To start, the billions, if not trillions, of dollars generated by this fund would provide direct payments to the American people. And as the fund generates more and more wealth, the proceeds would be used to ensure that every man, woman and child in our country has a decent and dignified standard of living, including health care, education and housing.'