Bernie Sanders’ AI Sovereign Wealth Fund Plan

Bernie Sanders proposed creating a US sovereign wealth fund by taking 50% stock in major AI companies like OpenAI and Anthropic, arguing this would give the government democratic control over AI development and distribute AI wealth to the public. The authors agree these are important goals but argue that public ownership of AI companies would actually incentivize the government to prioritize corporate profits over public interest, using the Norwegian sovereign wealth fund's experience with oil companies as an example of how government ownership fails to steer corporations toward responsible policies.