Former US presidential candidate Bernie Sanders will introduce legislation aimed at giving the American public ownership of 50% of the largest AI companies.
The American AI Sovereign Wealth Fund Act would impose a one-off 50% tax on certain firms, paid in stock instead of cash.
The proposal would give the federal government voting shares and equal representation on the companies’ boards.
Sanders named OpenAI, Anthropic, and xAI among the targets. Those firms do not have publicly traded shares, but the Vermont senator said more details about the “mechanics of implementation” would be revealed when he unveils the proposed bill in the coming weeks.
Writing in the New York Times on Monday, he said the legislation “would give the public a direct role in determining the future of this technology.”
He added that AI is built using intellectual property created with the “labour of the American people – typically without permission or payment.”
“The data and language used by generative AI tools didn’t just pop into Sam Altman’s head or Elon Musk’s imagination,” he said. “AI is built on our collective intelligence: our books, songs, artwork, journalism, computer code, scientific research, videos, conversations, images and ideas spanning generations.”
He added that AI is built on “a public resource far more valuable than oil: the accumulated knowledge, creativity and labour of mankind.”
“The American people deserve a cut of the profits,” he said.
🚨BREAKING | Martin Abrams, who was deselected by Labour for supporting Palestine, has been elected as the Green Party leader of Lambeth Council.
Labour has run Lambeth for 54 of the past 61 years. Now the Greens and Lib Dems will run it.
(Source: @lambeth_council)
WHY does the world grant Israel IMPUNITY when it carries out the most heinous war crimes, including GENOCIDE?
The world is destroying the entire edifice of international law for Israel's sake - WHY?
israel killed JFK not Iran
israel did 9-11 not Iran
israel attacked the USS LIBERTY not Iran
israel stole nuclear material and secrets from America not Iran
israel dragged the west into war with Iraq not Iran
israel refused to sign the NPT not Iran
israel bought off 95% of Congress not Iran
israel orchestrates constant false flags against the Jewish community not Iran
I mean I really could keep going because the list is exhaustive.
Remind why Iran is seen as the enemy and not israel??? 🤔
Presidents of nations committing genocide: welcome.
Vocal opponents of genocide: banned.
My piece for @ScotNational on the UK government's disgraceful decision to refuse Cenk Uygur and Hasan Piker entry to the UK.
https://t.co/ewBSqXIaU0
Fox News says Hasan Piker used a antisemitic trope by saying Israel advocacy groups pushed for his ban. And then in the following sentence details how said groups pushed for his ban.
The UK has barred Hasan Piker and Cenk Uygur from entering the country, with both saying it's in response to their criticism of Israel.
Yet Brits who have fought for the IDF can return home without any investigation.
Our campaign seeks to change that:
https://t.co/ctAGZEmANW
Shabana Mahmood, we’re told will get a senior position in an Andy Burnham government.
She needs to explain this strange and worrying decision, and Andy Burnham needs to make his view clear.