When Sen. Bernie Sanders (I-VT) first started his war on artificial intelligence and robotics, his excuse was that the technologies would destroy jobs of the working class at the behest of the “oligarchs,” which is to say billionaire entrepreneurs such as Elon Musk and Sam Altman. He wanted to put a stop to the technology, or at least slow it down.However, Sanders has now altered course and decided that artificial intelligence can be a good thing, if it is owned and taxed, at least in part, by the government. He has taken to X, the social media platform owned by Musk, to explain his proposal and to link to a New York Times op-ed laying it out.Sanders has introduced the American AI Sovereign Wealth Fund Act. The legislation would seize one-half of the stock in every AI company and place it under the control of a sovereign wealth fund, similar to the one Norway uses to allocate the profits of that country’s North Sea oil fields.
IF THE ADMINISTRATION PANICS AT EVERY AI ADVANCE, IT DOESN’T HAVE A POLICY
Old and busted: Seize the means of production!
New hotness: Seize the means of information!
Sanders said his proposal would do two things.
