Senator Bernie Sanders (D-VT) announced plans to introduce a bill forcing the largest AI companies to hand over a 50% ownership stake to the public.
Ripple (CRYPTO: XRP) Chief Technology Officer David Schwartz calls it an attack on freedom of speech.
Sanders Wants A 50% Stock Tax To Create An AI Sovereign Wealth Fund
Sanders announced the American AI Sovereign Wealth Fund Act on Tuesday, describing it as a one-time 50% tax not on profits but directly on stock.
The fund would give the American public a direct ownership stake in the largest AI companies and a say in how the technology develops.
