An AI Tax Could Be the Great Equalizer America Needs The idea of making the biggest AI companies co own their businesses with the public is no longer radical, but its implementation is being hijacked by those who claim a tax is too simplistic.
Senator Bernie Sanders' American AI Sovereign Wealth Fund Act proposes that these companies owe the public half the equity in each company's AI business, paid in newly issued shares.
This approach has been met with resistance from OpenAI and President Donald Trump, who are offering their own vision of an AI sovereign wealth fund – one that would be voluntarily created through partnership with the government.