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Bernie Sanders calls on Silicon Valley to β€˜pause AI development’ in interest of humanity

Progressive US senator urges Meta, OpenAI and Anthropic to β€˜stop building machines that humans cannot control’

Senator Bernie Sanders has called on Meta, OpenAI and Anthropic executives to halt their development of artificial intelligence, warning that the US Senate will implement regulation if the companies continue deploying AI at their current pace.

In a new letter addressed to the CEOs of three of the country’s leading AI companies, Sanders said the capabilities of these AI models have reached a critical risk threshold and that the companies are losing control over the technology.

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Β© Photograph: John Oliva/Caller-Times/USA TODAY Network/Reuters Connect

Β© Photograph: John Oliva/Caller-Times/USA TODAY Network/Reuters Connect

Β© Photograph: John Oliva/Caller-Times/USA TODAY Network/Reuters Connect

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Bernie Sanders unveils $7 trillion plan to give Americans control of AI industry

Bernie Sanders has unveiled an aggressive plan to transfer trillions from leading AI firms to the public, and, to the likely horror of AI firms, it goes even further than expected to give Americans more control over the AI industry.

Sanders shared a summary of his legislation with AP News. If passed, the law would create a sovereign wealth fund β€œfinanced through a one-time 50 percent tax on the stock of the largest AI companies,” AP News reported. Any AI firm that does $200 million in annual AI sales would be subject to the tax, as would any new firm once it reaches that revenue level.

In total, Sanders estimated the fund could be worth $7 trillion, generating β€œhundreds of billions of dollars annually in direct payments to Americans and programs such as health care, education and housing,” AP News reported. Each American would likely receive more than $1,000 annually in 5 percent annual dividends, Sanders estimated.

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