[Linkpost] “NYT: Senator Sanders Proposes Gov’t Take 50% Ownership of AI labs” by Julian Bradshaw

This is a link post. Quoting from Senator Bernie Sanders Op-Ed in the New York Times today: (...) I will soon be introducing the American A.I. Sovereign Wealth Fund Act. This legislation would give the public a direct ownership stake in the largest A.I. companies in our country. How? It would create a sovereign wealth fund through a one-time 50 percent tax — not on the profits of OpenAI, Anthropic, xAI and other companies, but paid with something far more valuable than that: the stock. If passed, this legislation would do two crucial things. First, it would give the public a direct role in determining the future of this technology. No longer would the future of A.I. and the transformation of human life that it will bring be dictated by a handful of Big Tech oligarchs. The federal government would have the power, through its voting shares and an equal representation on each company's board, to block decisions that hurt our citizens and to push for policies that help them. Second, this legislation would guarantee that the trillions of dollars potentially generated by A.I. are used to improve the lives of all of us — not simply to make the [...] The original text contained 1 footnote which was omitted from this narration. --- First published: June 1st, 2026 Source: https://www.lesswrong.com/posts/jNwpRAq9aEJunD9X3/nyt-senator-sanders-proposes-gov-t-take-50-ownership-of-ai Linkpost URL:https://www.nytimes.com/2026/06/01/opinion/artificial-intelligence-bernie-sanders.html --- Narrated by TYPE III AUDIO.