69% of Americans Back a 50% Public Stake in AI Companies as Layoff Fears Grow

Investors in leading AI companies may face a new political risk as public concern grows over layoffs, job security, and the concentration of wealth created by AI.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.

A new Verasight survey found that 69% of Americans support forcing major AI companies to transfer 50% of their stock to a public sovereign wealth fund. The national poll surveyed 1,690 U.S. adults in June.

The proposal would give the public a direct financial stake in the growth of the AI industry. Supporters argue that profits generated by automation should benefit a broader segment of society, particularly if AI leads to significant job losses.

“In the eyes of the public, AI sovereign funds are seen as a tool to distribute the gains from the AI industry back to broader society,” Verasight CEO Benjamin Leff said.

Sanders Proposes a 50% Public Stake