Bernie Sanders unveils $7T plan for public control of AI industry

Senator Bernie Sanders introduced a bill requiring AI firms with over $200 million in annual revenue to pay a one-time 50 percent stock tax. This would establish a $7 trillion sovereign wealth fund for taxpayers, providing Americans with an annual dividend exceeding $1,000. The plan aims to shift power from centralized giants toward public ownership and decentralized AI alternatives, asserting that AI development relies on collective foundations rather than individual corporate imagination.