Bernie's AI Takeover Plan, Zero Evidence AI Is Killing Jobs, and the Office as Career Advantage

June 2, 2026: Senator Bernie Sanders wants the federal government to own half of OpenAI, Anthropic, and every major AI company in America — and he's framing it as reclaiming stolen public knowledge. We break down exactly how his American AI Sovereign Wealth Fund Act would work, why the Norway comparison falls apart, and what would actually happen to valuations, talent, and American competitiveness if it ever got close to passing. Then: Apollo Global Management's chief economist says there is zero evidence AI is killing jobs — and the data may actually back him up. We look at Jevons paradox, the AI washing phenomenon, and why the aggregate labor market story is more encouraging than the doom headlines suggest. And finally: new Federal Reserve research reveals that 64% of the rise in young worker unemployment since the pandemic traces back to remote work, not AI — and why being willing to go to the office five days a week may be the single best career move a worker in their twenties can make right now.