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  • Socialists want to turn AI into a $7B slush fund - realists know that would throw America’s greatest assets away

    07/10/2026 4:40:31 AM PDT · by Libloather · 10 replies
    NY Post ^ | 7/10/26 | Lydia Moynihan
    The AI industry is growing at a fierce pace, but so is skepticism about where it will lead, with some worried about data centers sucking up power and jobs being replaced with computers. Capitalizing on those fears, socialist wacko Bernie Sanders has proposed the “American AI Sovereign Wealth Fund Act” — which has grabbed headlines for claiming it will raise $7 billion and distribute thousands of dollars to every American. It’s a pie-in-the sky scheme, doomed from the start. Not least because it would force all major AI companies to hand 50% of their equity over to the federal government!...