Sanders: Give Public 50 Percent Stake in AI Companies
June 02, 2026 | Source: The Hill | by Max Rego
Sen. Bernie Sanders (I-Vt.) on Monday said that he will soon introduce a bill proposing to give the public a 50 percent stake in large artificial intelligence (AI) companies.
In a nearly seven-minute video message, the progressive senator said that he will introduce the AI Sovereign Wealth Fund Act "in the coming weeks." He said that the legislation would give the public "a direct ownership stake" in the country's largest AI companies via a one-time, 50 percent tax on their stocks.
"Secondly, it would guarantee that the trillions of dollars potentially generated by AI are used to improve the lives of all of us — not simply to make the richest people on Earth even richer."