CounterPunch.org | AI is a Public Resource: You Should Own Half of It by Bernie Sanders

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Bernie Sanders argues that artificial intelligence—foreseen as the most transformative technology in history—will reshape every aspect of society, from the economy and democracy to health, the environment, and education, and that its impact is inevitable; the real question, he says, is who will own and control that future. He stresses that AI is built on the collective knowledge, creativity, and data of generations of people—books, songs, art, journalism, code, research, conversations, images, and ideas—yet the tech elite have appropriated this work without permission or compensation. To prevent a handful of billionaires from monopolizing the benefits, Sanders proposes an “American AI Sovereign Wealth Fund Act,” which would impose a one‑time 50 percent tax in the form of stock ownership in the largest U.S. AI companies, creating a public sovereign wealth fund so that the wealth generated by AI is shared by all rather than concentrated in a few corporate moguls.

Read more: https://www.counterpunch.org/2026/06/08/ai-is-a-public-resource-you-should-own-half-of-it/

#BernieSanders #OpenAI #Anthropic #xAI #SiliconValley #SamAltman #ElonMusk #DarioAmodei

RE: https://mastodon.social/@Pettet8/116742131579090788

“Google was a different company 9 years ago.”

Hmm… was it, though? 🤔

https://ar.al/talks/#free-is-a-lie

#google #BigTech #peopleFarming #SiliconValley #surveillance #capitalism #meaCulpa

Meta Employees Absolutely Hate Mark Zuckerberg’s Plan for a Companywide AI Hackathon

https://fed.brid.gy/r/https://www.wired.com/story/meta-employees-absolutely-hate-mark-zuckerbergs-hackathon-idea/

RE: https://defcon.social/@ai/116739821172640903

What are the bets on Meta being the first one to fall?

#AIHustle #AIBubble #Meta #TechBros #SiliconValley #Economy #AI

‘Tell Him He’s a Piece of Shit’: Meta’s New AI Unit Is a Total Mess

https://fed.brid.gy/r/https://www.wired.com/story/mark-zuckerberg-meta-employee-meeting-interrupt-ai/

Common Dreams: Watchdog’s Online Tracker Shows Which Candidates Are Being Showered With AI Industry’s Dark Money. “The website, known as ‘AI Money Watch,’ is using Federal Election Commission (FEC) filings to track spending by the largest AI super PAC, Leading the Future (LTF), which has raised $125 million for into this year’s midterms after being created last August to oust critics of […]