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

Odaily Planet Daily News U.S. Senator Bernie Sanders plans to introduce the "American AI Sovereign Wealth Fund Act," proposing a one-time 50% equity tax on the largest U.S. AI companies and injecting the related shares into a national sovereign wealth fund. The wealth generated by AI would be shared with all American citizens through mechanisms such as cash dividends, healthcare, education, and housing.

Bernie Sanders argues that the trillions of dollars in wealth generated by AI should not be captured solely by a handful of 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 policy advocacy stage, and there is significant uncertainty regarding its progress toward legislation and implementation.