Sanders unveils bill to create AI sovereign wealth fund
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“AI was not created out of thin air,” the senator said in a statement. “It was not a brilliant idea that just popped into Mark Zuckerberg’s head or Elon Musk’s imagination. The foundation of AI is based on the collective knowledge of humanity and the creative work of tens of millions of people.”
“The principle is simple: When a public resource generates wealth, the public should share in that wealth,” he added.
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It would use a 5 percent annual dividend to provide direct payments to Americans, which Sanders estimated would be more than $1,000.
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“Left unchecked, Artificial Intelligence and robotics threatens the jobs, privacy rights and mental health of every man, woman and child in America,” Sanders said. “As a society, we can no longer sit back and allow a handful of Big Tech oligarchs to determine the future of this revolutionary technology with no democratic input.”
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https://thehill.com/policy/technology/5930035-sanders-ai-wealth-fund/