Nostra
Diamond Member
- Oct 7, 2019
- 94,237
- 85,613
- 3,615
This is what the Democrat party is these days. Full on socialism.
Completely unconstitutional, but Democrats hate the Constitution.
A U.S. Senate bill would give the federal government a 50% ownership stake in the largest artificial intelligence companies, creating a sovereign wealth fund its sponsor estimates would be worth $7 trillion. One policy analyst called the idea "nutty" while others said it would put American AI companies at a combative disadvantage and would lead to offshoring.
Sen. Bernie Sanders, I-Vt., introduced the American AI Sovereign Wealth Fund Act, which would impose a one-time 50% tax on AI company stock and deposit those shares into a fund that could pay every American more than $1,000 annually.
Sanders said AI was built on "the collective knowledge of humanity and the creative work of tens of millions of people" and that the public deserves a direct ownership stake in the companies that have profited from it.
redstate.com
Completely unconstitutional, but Democrats hate the Constitution.
A U.S. Senate bill would give the federal government a 50% ownership stake in the largest artificial intelligence companies, creating a sovereign wealth fund its sponsor estimates would be worth $7 trillion. One policy analyst called the idea "nutty" while others said it would put American AI companies at a combative disadvantage and would lead to offshoring.
Sen. Bernie Sanders, I-Vt., introduced the American AI Sovereign Wealth Fund Act, which would impose a one-time 50% tax on AI company stock and deposit those shares into a fund that could pay every American more than $1,000 annually.
Sanders said AI was built on "the collective knowledge of humanity and the creative work of tens of millions of people" and that the public deserves a direct ownership stake in the companies that have profited from it.
Feel the Bern Fail: Sanders Senate Bill Would Allow Gov't Seizure of AI Companies' Stock
Senator Sanders proposes seizing 50% of AI company stock for a sovereign wealth fund.