EPISODE · Jul 15, 2026 · 10 MIN
Bernie Sanders' AI Wealth Plan, New York Halts AI Data Centers, SpaceX Falls | Hashtag Trending
from Hashtag Trending · host Jim Love
Jim Love covers four major technology stories shaping the future of AI, investing, and digital society. A new Verasight survey finds growing public support for stronger AI regulation and Senator Bernie Sanders' proposed American AI Sovereign Wealth Fund Act, including a one-time 50% stock tax on the largest AI companies to create an estimated $7 trillion public wealth fund. New York becomes the first U.S. state to pause new hyperscale AI data center approvals while it develops new environmental and energy rules, reflecting growing grassroots resistance to massive AI infrastructure projects in North America and beyond. The episode also examines the sharp decline in SpaceX shares following their IPO, along with major losses for IBM and Oracle, asking whether investors are beginning to rethink the enormous cost of the AI buildout. Finally, a Fortune report reveals a striking trend among technology's biggest names. Many of the people who built today's digital world—including Peter Thiel, Bill Gates, Steve Jobs, Evan Spiegel, and even Mark Zuckerberg—have chosen to limit their own children's exposure to smartphones and social media. Timestamps 00:00 Headlines and Intro 00:40 AI Wealth Fund Push 02:36 Oversight and Trust Gap 05:37 New York Data Center Moratorium 06:22 Global Pushback on AI Buildouts 07:55 SpaceX Slides After IPO 08:51 IBM, Oracle and the AI Investment Question 10:24 Why Tech Leaders Limit Their Kids' Screen Time 12:24 Wrap Up and Support the Show Topics Covered AI regulation Bernie Sanders AI Sovereign Wealth Fund OpenAI Anthropic Artificial Intelligence New York data center moratorium AI data centers SpaceX stock IBM earnings Oracle stock Larry Ellison Nvidia AI investing Social media and children Peter Thiel Bill Gates Mark Zuckerberg Technology news Tech podcast Hashtag Trending
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Bernie Sanders' AI Wealth Plan, New York Halts AI Data Centers, SpaceX Falls | Hashtag Trending
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