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– Bernie Sanders plans to introduce a bill to put 50% of leading AI companies into a government sovereign fund.

Vitalik Buterin believes that AI labs have replaced the ideals of humanity with a nationalistic “us versus China” game.

Sanders’ initiative targets OpenAI, Anthropic, xAI, and provides for a one-time tax paid in stock.

Vitalik Buterin criticized leading AI companies for nationalism on the same day that Senator Bernie Sanders unveiled a plan to put 50% of these companies into a federal sovereign wealth fund.

The co-founder of Ethereum (ETH) criticized Sanders’ proposal, which would impose a one-time tax on OpenAI, Anthropic, xAI and other cutting-edge labs in the form of stock and then transfer their shares to public ownership.

In a New York Times op-ed, Sanders discussed the Sovereign Wealth Fund for AI in America Act, which is scheduled to be introduced in the coming weeks.

The fund would hold government stock, give the government voting rights and allow the government to appoint representatives to each company’s board of directors.

Sanders emphasized that AI learns from the collective knowledge of humanity, art, code and dialogues, so the wealth generated should not enrich just a handful of executives. He mentioned Sam Altman and Ilon Musk as individuals whose ownership stake will be reduced.

Let’s be very clear. Artificial intelligence did not come out of nowhere. The data and language used by AI’s generative tools did not spontaneously emerge in Sam Altman’s head or in the imagination of Ilon Musk….

Because AI is based on the collective knowledge of humanity, the wealth it generates must be utilized for the benefit of all humanity. Not just Mr. Musk, Mr. Altman, Dario Amodei and the other tycoons whose companies claim to dominate the field, he wrote.

the target companies, some of which recently reached a trillion-dollar valuation before the offering, have not publicly commented.

ews flash: Bernie Sanders is proposing that the government buy 50% of OpenAI and Anthropic to give the public a direct ownership stake.

Sanders cited a Norwegian sovereign wealth fund tied to the oil industry as an example.

Against this backdrop, Vitalik Buterin criticized the rhetoric shaping policy in the field of advanced AI technologies. He said that laboratories that once promised to serve all of humanity are now justifying the concentration of power by referring to China.

One of the many things I don’t like about the ‘let’s make AI better’ argument that the leading AI companies are pushing is how nationalistic this whole discussion has become. In the 2010s it was ‘we’re here to benefit all of humanity’. In the 2020s, it’s ‘we’re here to benefit all 4% of humanity’, the Ethereum leader said.