BILLIONAIRE CALIFORNIA GUBERNATORIAL candidate Tom Steyer is rolling out a new proposal that would guarantee jobs with benefits for workers displaced by artificial intelligence. He’s the first state-wide candidate to make such a pledge.

The plan, which builds on a broader AI policy framework Steyer released in March, promises to make California “the first major economy in the world” to ensure “good-paying” jobs to workers impacted by AI. To do so, Steyer tells WIRED he plans to build off a previous proposal to introduce a “token tax” which would tax big tech companies “a fraction of a cent for every unit of data processed” for AI. The funding generated by that tax would go to what Steyer has called the Golden State Sovereign Wealth Fund, with some of that money being earmarked for jobs building housing, health care, and modernizing California’s energy infrastructure.

“The aim of the initiative will be to strengthen the foundation of the state’s economy, invest in our communities, and create beautiful, vibrant public spaces,” states a campaign memo viewed by WIRED. “To support these efforts, Tom will also invest heavily in training and apprenticeship programs across the state.”

The new plan also intends to expand unemployment insurance and establish a new agency called the AI Worker Protection Administration that would include union leaders, academics, and technologists that would adopt rules to protect workers’ rights, the memo says.