Senator Bernie Sanders proposes creating a sovereign wealth fund that would own 50% of AI company shares, arguing that “AI profits should be used for the people”

Bernie Sanders proposed the American AI Sovereign Wealth Fund Act, which would have the U.S. government take 50% stakes in major AI companies.

The fund’s returns would be used for public benefits such as direct payments, healthcare, education, and housing.

Sanders argues AI is built on public knowledge and should create shared wealth for everyone, not just companies and investors.

Critics say the plan is highly radical and would mark a major shift in how AI profits are owned and distributed.