A US senator plans to introduce a bill to establish an AI sovereign wealth fund, proposing to levy a one-time 50% equity tax on the largest US AI companies

Odaily reports that US Senator Bernie Sanders plans to introduce the "American AI Sovereign Wealth Fund Act," which proposes to levy a one-time 50% equity tax on the largest AI companies in the United States. The relevant shares would be injected into a national sovereign wealth fund, with the wealth generated by AI distributed to all American citizens through cash dividends, healthcare, education, and housing.

Bernie Sanders argues that the trillions of dollars in wealth created by AI should not be captured solely by a few tech companies and their shareholders. He stated that the full text of the bill will be released in the coming weeks. Currently, the proposal is at the stage of a policy initiative, and there is significant uncertainty regarding its path to legislation and implementation.