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United StatesEconomy10 days ago

Donald Trump, Bernie Sanders and Sam Altman are all talking about public ownership in AI

ABC News reports on recent discussions involving Sam Altman of OpenAI, Sen. Bernie Sanders, and former President Donald Trump regarding public ownership in AI companies. Sanders proposed a plan for the public to hold a 50% ownership stake in AI firms like OpenAI, aiming to establish a public wealth fund. Altman expressed agreement with the concept but stated he could not support the 50% threshold. Trump has also shown interest in ensuring the public benefits from AI advancements, suggesting upcoming meetings with AI executives.

WASHINGTON -- It was perhaps a surprising private overture from OpenAI CEO Sam Altman to Sen. Bernie Sanders.

The meeting between the two had come just after the Vermont senator announced a plan for the public to take a 50% ownership stake in artificial intelligence companies such as OpenAI, using their stock to create a public wealth fund that would spread the fortune generated by AI behemoths.

Altman told Sanders that he, too, wants the public to have equity in AI companies. Though the CEO said he couldn’t support Sanders’ threshold of 50%, he nonetheless wanted to work with him to advocate for the general idea, according to people with knowledge of the conversation.

The nearly hourlong meeting in Sanders’ Senate office this week, held at Altman's request, highlighted the inherent tension between AI powerhouses and policymakers as Americans are increasingly asked to accept the costs of the AI boom even as they remain unconvinced of its direct benefits. Yet it's also creating odd political bedfellows fueled by populism as politicians from Sanders to President Donald Trump embrace giving the public a stake in AI's growth.

Speaking to reporters on Air Force One on Friday, Trump described a potential partnership “where the American people can benefit from the success of AI" and said executives from leading AI companies will visit the White House, “probably next week,” to discuss the idea.

“There’s something very interesting about it, where it almost becomes a partnership with the American public,” Trump, a Republican, said Friday.

When reporters noted to Trump that Sanders, a self-proclaimed democratic socialist, had proposed public ownership in AI companies, he pointed to similarities in their coalitions. The economic views of Trump voters and voters who supported Sanders for president, Trump said, “aren’t that far apart.”

Trump has embraced government investment in private companies in his second term, scrambling his party’s politics. His administration last year secured a 10% stake in the struggling Silicon Valley company Intel, and it considered a government takeover of Spirit Airlines earlier this year, although the airline couldn’t reach a deal and ultimately closed .

The positioning of leading figures such as Trump and Sanders comes as concerns about AI are emerging far beyond Washington.

In Michigan, Democrats recently clashed over Gov. Gretchen Whitmer’s appearance with Altman at the site of a major data center. Candidates such as New York Democratic House hopeful Alex Bores have also made AI regulation a campaign issue by tapping into voters’ angst about the technology.

“This is a real change to society,” Altman told reporters this week. “I think it’s possible both that people can use AI a lot and like using it and also have anxiety about what it’s going to do for the future.”

Data center projects across the country have drawn opposition from residents concerned about electricity demand, water consumption and environmental impacts. Some states once eager to attract the facilities, including Ohio and Virginia, have moved to reconsider tax incentives.

“We need to pass legislation right now that says there’s not going to be any further data center development until they agree to pay for their own electricity, build their own grids and pay for their own water supply,” Missouri Sen. Josh Hawley, a leading Republican skeptic of Big Tech, told The Associated Press.

Before arriving in Washington, Altman stopped in Michigan on Monday to appear alongside Whitmer, a Democrat, at the building site of a 1.65 million-square-foot data center. Whitmer’s team claimed the project will create more than 2,500 union construction jobs.

But it also drew criticism from local activists and some Democrats, including Michigan Rep. Rashida Tlaib, who called the project “disgusting.” She said she was “so disappointed” in Whitmer.

“It’s a very controversial topic right now and it’s coming from the ground up,” Michigan Sen. Elissa Slotkin, a Democrat, said about the grassroots pushback. “People feel very strongly about it."

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Whitmer, however, told reporters after the event that “one thing’s very clear, everyone has a cellphone in our pocket.”

“We are all, more and more, consuming technology and data and these data centers are going to get built. So, my thought is if we can hold them to a high standard and do it in Michigan, that’s the best way to do it,” she said.

The tensions extend beyond data centers. On college campuses , commencement speakers have been interrupted by boos when discussing artificial intelligence. About 70% of college students see AI as a threat to their job prospects, according to a 2025 poll by the Institute of Politics at the Harvard Kennedy School.

Altman acknowledged those concerns. He said that while “the impact on jobs has been less than many people in our field expected," he understands “that college students have a lot of anxiety about the future."

The idea that AI’s expansion is inevit…

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Source document: Anthropic CEO Dario Amodei's essay

2 reports

The Washington TimesIndependentCenter10 days ago
Anthropic pledges $200 million to research AI's economic impact as CEO suggests job loss solutions

Anthropic has pledged $200 million to study the economic impact of artificial intelligence, with CEO Dario Amodei advocating for government policies to provide economic support for individuals affected by AI-driven job losses. This follows similar initiatives from OpenAI, including discussions with Senator Bernie Sanders about public ownership of AI companies. The article also mentions President Donald Trump planning to meet with AI executives.

Bias read (Center): The article presents information without overtly favoring any political side. It reports on corporate investments and policy suggestions from multiple stakeholders, including Anthropic, OpenAI, and Senator Bernie Sanders, while mentioning President Trump's planned meeting. There is no clear bias in措

Official sources cited

ABC News (US)IndependentCenter15 days ago
Donald Trump, Bernie Sanders and Sam Altman are all talking about public ownership in AI

ABC News reports on recent discussions involving Sam Altman of OpenAI, Sen. Bernie Sanders, and former President Donald Trump regarding public ownership in AI companies. Sanders proposed a plan for the public to hold a 50% ownership stake in AI firms like OpenAI, aiming to establish a public wealth fund. Altman expressed agreement with the concept but stated he could not support the 50% threshold. Trump has also shown interest in ensuring the public benefits from AI advancements, suggesting upcoming meetings with AI executives.

Bias read (Center): The article presents multiple perspectives without overtly favoring any side. It includes statements from Sanders, Altman, and Trump, highlighting differing positions on public ownership in AI while maintaining a neutral tone. The framing appears balanced, avoiding loaded language or one-sided focus

Official sources cited

  • government Sen. Bernie Sanders' proposal for public ownership in AI
  • organisation Sam Altman's comments on public equity in AI
  • government Donald Trump's remarks on AI partnerships

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