Bernie Sanders Unveils $7 Trillion Plan to Give Americans Control of AI Industry
Ars Technica AI39 days agoRegulationSenator 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.
U.S. President Says “I Like Inflation”
Hacker News (AI keywords)47 days agoBusinessThe report centers on Trump saying he was not worried about the latest inflation figures and using the phrase “I love the inflation.” U.S. CPI reportedly rose to about 4.2% year over year in May, with energy and oil costs playing a major role. This is not an AI story, but it matters as macro context for rates, markets, business costs, and consumer sentiment.
The future of AI regulation is courting the strangest, most anxious bedfellows
The Verge AI47 days agoRegulationRegulator, The Verge's subscription newsletter on DC tech politics, returns after a two-week hiatus. The piece focuses on how AI regulation is drawing together unusual, anxious political bedfellows in Washington. With the 2026 midterms approaching, AI policy is becoming a surprisingly cross-partisan battleground.