Bernie Sanders’ AI Sovereign Wealth Fund Plan

US Senator Bernie Sanders proposed a sovereign wealth fund to take 50% stock in AI companies, aiming to establish democratic control and redistribute AI-generated wealth. This plan aims to prevent AI companies from accumulating too much power and wealth. While the goals are laudable, the article disagrees with the proposed solution. Instead, it suggests that the government should use other levers to influence AI development and use, such as regulation and intervention in industries like automakers and drugmakers. The article agrees that public influence over AI is necessary and that the accumulation of wealth among AI companies needs to be disrupted.