Socialism at its best.
While I am not one of those table-thumpers who go "Capitalism at all costs!" but this is ridiculous. Elon built the company, why should anyone force him to do "payouts" to anyone else against his will?

If people want a share, they can buy the stock.

The only thing I do want is if the tech gets dangerous both from health/security perspective, or if it kills jobs in large numbers and destroys the economy, that has to be stopped. It is no different if I wanted to build a nuke in my backyard. Not allowed.

Bernie Sanders pitches $1,000 annual payout from public ownership of AI
https://finance.yahoo.com/technology/ai/articles/bernie-sanders-pitches-1000-annual-payout-from-public-ownership-of-ai-172550881.html

Quote:

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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 - an idea that has been echoed by President Donald Trump.

Although unlikely to become law, 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.

Trump said earlier this month that he is considering taking a government stake in leading AI companies, though his administration has not offered more detail.

ChatGPT maker OpenAI and its rival Anthropic, maker of the chatbot Claude, have both floated their own ideas for companies to give the American public a stake in their growth. (The Washington Post has a content partnership with OpenAI.)

Under Sanders's proposal, leading AI companies would pay a one-time 50 percent tax of stock that would feed into a sovereign wealth fund expected to be worth around $7 trillion, according to a summary of the legislation provided by Sanders's office.

"This revolutionary technology cannot be controlled by a handful of the wealthiest people on Earth whose sole goal is to make as much money as they can," Sanders told reporters Thursday.
A 5 percent dividend from the fund could be used to send a $1,000 check to everyone in the U.S. annually, Sanders's office estimated.

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infinity ag said:

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Socialism at its best.
While I am not one of those table-thumpers who go "Capitalism at all costs!" but this is ridiculous. Elon built the company, why should anyone force him to do "payouts" to anyone else against his will?

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Bernie has his orders from China

why just $1000, why not $10,000.

Quote:

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

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Good grief Bernie. Buy 5 shares of NVDA and put it in a safe for 20 years.

You're welcome.

Muy said:

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Dude is such a clown, and a fossil.

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Satan needs to do a pick up for Bernie soon.

The old turd really doesn't know how anything works.

So he literally wants to steal money from a private company?

doubledog said:

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why just $1000, why not $10,000.

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Idea!
Maybe Bernie can demand that Elon pay the Boomers their Social Security.

Mathguy64 said:

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So he literally wants to steal money from a private company?

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He essentially wants to nationalize them.

The 50% is just the starting offer.

If Bernie Sanders want it, it's a bad, bad idea.

He's a communist and should never be trusted.

annie88 said:

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Muy said:

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Dude is such a clown, and a fossil.

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Satan needs to do a pick up for Bernie soon.

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Stalin could meet him at the burning gates.

You don't like capitalism. You don't like socialism. What do you want?

infinity ag said:

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Socialism at its best.

.....

The only thing I do want is if the tech gets dangerous both from health/security perspective, or if it kills jobs in large numbers and destroys the economy, that has to be stopped. It is no different if I wanted to build a nuke in my backyard. Not allowed.

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Quote:

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There's an old story often attributed to the economist Milton Friedman that describes how he was taken to view a worksite during a 1960s-era visit to China. His hosts were eager to show the many laborers working to excavate a canal. But Friedman was more interested in the lack of modern machinery on the site.

He asked why they relied on human labor to do a job that would be more easily and quickly done with modern machinery. "This is a jobs program," came back the reply. Most of the workers would be unnecessary if the work was completed with machines.

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Tell us more about how anti-socialist you are.

normaleagle05 said:

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infinity ag said:

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Socialism at its best.

.....

The only thing I do want is if the tech gets dangerous both from health/security perspective, or if it kills jobs in large numbers and destroys the economy, that has to be stopped. It is no different if I wanted to build a nuke in my backyard. Not allowed.

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Quote:

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There's an old story often attributed to the economist Milton Friedman that describes how he was taken to view a worksite during a 1960s-era visit to China. His hosts were eager to show the many laborers working to excavate a canal. But Friedman was more interested in the lack of modern machinery on the site.

He asked why they relied on human labor to do a job that would be more easily and quickly done with modern machinery. "This is a jobs program," came back the reply. Most of the workers would be unnecessary if the work was completed with machines.

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Tell us more about how anti-socialist you are.

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The best part of that anecdote is Friedman's response to that statement.

Paraphrasing:

Oh, I thought you were building a canal. If it's jobs you want, you should give the workers spoons.

When I say “the public,” I mean the bureau, comrade https://t.co/rPtJma8Ewn pic.twitter.com/87vNwOprbJ

— Burnie Senders (@BurnieSendersX) June 18, 2026

State owned companies

doubledog said:

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why just $1000, why not $10,000.

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Yup, it's like minimum wage. The number can be arbitrary so I punishes the oligarchs.

The topic of UBI is only going to become more relevant if/when AI lives up to its potential. But Bernie is probably not the person you want designing that…

Looks like the subscription fee just went to $2,000/yr.

How is Bernie Sanders still alive? He must be almost 90 years old. It's always the worst politicians who linger the longest.

Logos Stick said:

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You don't like capitalism. You don't like socialism. What do you want?

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Muy said:

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Dude is such a clown, and a fossil.

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Time for this idiot to go. But yet, then people of Vermont keep voting him in.

Bernie is my favorite Fictional writer. His fantasy stories are the wildest.