Sanders bill would give U.S. 50% stake in major AI firms; analyst calls it 'nutty'
Bill would give the federal government a 50% ownership stake in the largest AI companies and create a sovereign wealth fund its sponsor estimates at $7 trillion.
A U.S. Senate bill sponsored by Sen. Bernie Sanders would grant the federal government a 50% ownership stake in the largest artificial intelligence companies, creating a sovereign wealth fund the bill's sponsor estimates would be worth $7 trillion. One policy analyst called the idea "nutty."