The Public Should Own Half of the Big A.I. Companies
Senator Bernie Sanders advocates for public ownership of major A.I. companies through a proposed American A.I. Sovereign Wealth Fund Act. This legislation aims to ensure that the wealth generated by A.I. benefits all citizens rather than just a few tech billionaires. By implementing a one-time tax on stock, the public would gain a direct stake in these companies, influencing their future and policies.
- ▪Senator Sanders emphasizes the transformative impact of A.I. on society and the economy.
- ▪The proposed legislation would create a sovereign wealth fund giving the public ownership in major A.I. companies.
- ▪This fund aims to ensure that A.I. benefits all citizens, not just wealthy individuals and investors.
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The Public Should Own Half of the Big A.I. Companies Home » Media » Op-Eds » The Public Should Own Half of the Big A.I. Companies The Public Should Own Half of the Big A.I. Companies June 1, 2026 By: Sen. Sanders; New York Times Artificial intelligence will almost certainly be the most transformational technology in the history of the world. It will profoundly affect the life of every man, woman and child in our country. It will bring — and is already bringing — unimaginable changes to our economy, our democracy, our emotional well-being, our environment and how we educate and raise our children. Further, there is a very real fear that as A.I.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Senator Bernie Sanders.