115
Bernie Sanders Introduces Legislation to Create $7 Trillion AI Sovereign Wealth Fund
(www.sanders.senate.gov)
this post was submitted on 18 Jun 2026
115 points (98.3% liked)
Technology
85526 readers
3821 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Is it normal to exclude the profitable part of the company?
I am very worried about this because AI lobbyists have done a great job of pushing politicians around. Bernie Sanders himself has accepted Eli Yudkowski, an AI doom cult leader, as a reputable source.
Oh no doubt, the industry is very, very sick. Incestuous even.
In the other hand, there’s very little downside to a 50% tax on all AI companies. It’s not an investment so there’s no chance of losing your nest egg.
A 50% government ownership in only the AI portion of company shares, you mean?
Wouldn't the Trump administration then have an interest in making the share value go up for those companies?
Yes, and if they do go up, that would actually benefit the citizens, because they are publicly owned. I’m not sure why this is hard to understand? The only difference is that it’s not owned by tech oligarchs.
Profit motives tend to do bad things. Like the poison emissions caused by Grok data centers. Like the 2000 missiles launched with it too - remember those?
Why do you want the Trump administration to help Elon Musk make more profit all of a sudden?
Why are you painting that as a good thing?