Ars Technica AIJun 18, 2026, 5:02 PMAshley Belanger

Bernie Sanders Unveils $7 Trillion Plan to Give Americans Control of AI Industry

Original: Bernie Sanders unveils $7 trillion plan to give Americans control of AI industry

Senator Bernie Sanders proposes a $7 trillion AI wealth fund to put industry control in American public hands.

Senator Bernie Sanders has introduced a sweeping $7 trillion proposal to create a public AI wealth fund, designed to transfer meaningful control of the AI industry from large corporations to ordinary Americans. The plan would give the public a direct stake in AI's economic gains rather than allowing them to concentrate among the biggest technology firms. Major AI companies are expected to oppose the initiative strongly.

Senator Bernie Sanders has unveiled a $7 trillion legislative proposal aimed at fundamentally reshaping who owns and benefits from the artificial intelligence industry in the United States. At the heart of the plan is an "AI wealth fund" — a large-scale public investment vehicle intended to give ordinary Americans a direct economic stake in AI's growth, rather than allowing those gains to accumulate primarily among a small number of powerful technology corporations.

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