Technology

This is such a bad idea, Bernie got duped hard by the AI hype man in his ear. I hope that this gets sunk in congress, which it probably will because A. Bernie is pushing it, and the GOP hates Bernie and B. I suspect enough of those same idiots will see this as taking from the poor billionaires C. A few sane people in congress will see what a dumb idea it is

I'm not an economic genius, but this doesn't seem like a great idea.

At current valuations, the sovereign wealth fund that would be created under this legislation would be worth an estimated $7 trillion.

Are these companies really worth what their valuations claim to be?

The Independent Commission would use voting shares in these companies to block decisions that hurt the American people and to push for policies that help them.

Wait, who's purchasing the shares in these companies?

it would require large companies that operate both AI and non-AI businesses to break up those businesses, ensuring the public receives an ownership stake in the AI business.

Separate the profitable part and let the oligarchs keep that for themselves??

ETA: Bernie Sanders has been mislead by an actual AI doom cult leader, so the AI-is-inevitable lobby's foot is already in the door with him.

Bernie has good intentions, but he was AI-pilled by Geoffrey Hinton, who ironically also has good intentions. However, they are both out of touch with reality.