Senator Bernie Sanders has introduced legislation proposing a 50% public ownership stake in major US AI companies through a one-time stock tax. This plan aims to redistribute the industry's wealth, with an estimated $7 trillion fund potentially distributing over $1,000 annually to every American.

Government ownership of AI companies would expose taxpayers to a potentially unprofitable industry that may eventually require large-scale bailouts.

Sen. Bernie Sanders is proposing a plan to give Americans ownership stakes in the country’s largest artificial intelligence companies.