Bernie Sanders’ AI sovereign wealth fund plan is good. But we think this is better | Nathan E Sanders and Bruce Schneier
TL;DR
While we do not outright oppose the taking of AI company stock, or of a US a sovereign wealth fund, there are better ways to achieve the senator’s goals Let no one accuse Bernie Sanders of ducking the big questions. Writing in the New York Times last week, the senator asked: “Will the future of humanity be determined by a handful of billionaires who have promoted and developed AI, with virtually no democratic input, who stand to become even richer and more powerful than they are today?
Nauti's Take
A sovereign wealth fund sounds like redistribution, but it dodges the harder problem: whoever controls models, data centers, and standards writes the rules. For AI builders, governance is not policy garnish.
It is product architecture with power attached.