Thu
Jun 18 2026
10:13 am

Bernie Sanders wants to spread the wealth.

Bernie Sanders pitches $1,000 annual payout from public ownership of AI.

Americans could receive an annual $1,000 payment from artificial intelligence companies under legislation Sen. Bernie Sanders (I-Vermont) introduced Thursday that would give the public a direct stake in the largest AI firms.

Not that this would ever, but he's thinking.

$853 in today’s dollars is the equivalent of $100 in 1970. The average inflation rate over the 50+ years is 3.9%. However, the $23,000 house we purchased in 1979 would cost $300,000+, not the average increase to $105,000.

Something has to give.

Sanders’s proposal adds to recent interest from across the political spectrum in the idea that economic disruption from AI could be offset by the U.S. government holding stakes in firms developing the technology.

A statement from the Bezos owned Washington Post. He, as is the case of many technology companies, wants government funds.

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