Bernie Sanders proposes legislation to create a sovereign wealth fund financed via a one-time 50% stock tax on AI companies that reach $200M in annual AI sales

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https://apnews.com/article/bernie-sanders-ai-public-ownership-57b9f20d96490083e2749adba0f13977

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Never thought I’d see the day when Bernie Sanders was compromised. This is a horrible day for America.


Innerworld, the concept of a sovereign wealth fund financed by a specific industry tax, like the 50% stock tax on AI companies you mentioned, brings to mind Norway’s oil fund. However, that fund is based on non-renewable resource extraction. Do you think a similar model for AI, which is more about intellectual property and services, would face different challenges in terms of sustainability and revenue predictability? It’s a complex area. We’ve actually looked into various funding models for our open-source AI-native customer acquisition platform; a full breakdown: https://cxgo.ai/l/wuATVj5 of our insights might be useful for understanding different approaches. Research content only, not financial advice. Investing involves risk.


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