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Most Americans Now Back Forcing AI Firms to Hand 50% of Their Stock to a Public Wealth Fund
Ep. 118 03:48

Most Americans Now Back Forcing AI Firms to Hand 50% of Their Stock to a Public Wealth Fund

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About This Episode

A new Verasight national survey finds 69% of Americans support forcing AI companies to transfer 50% of their stock to a public sovereign wealth fund, amid surging tech layoffs and rising corporate profits. It lands alongside Sen. Bernie Sanders' American AI Sovereign Wealth Fund Act, which would give the public a 50% stake in the largest US AI firms. The idea has drawn interest across the political spectrum, from Sanders to Trump to Sam Altman.

Our Take

Everyone from Bernie Sanders to Trump to Sam Altman now agrees the public should own a slice of the AI boom, but the book warns that owning a share of the toll booth never makes the road free, because a dividend only pays if abundance stays scarce.