Bernie Sanders’ AI Sovereign Wealth Fund Plan - Schneier on Security

Bernie Sanders’ AI “sovereign wealth fund”: a public-private partnership to bail out the tech giants

Sanders’ scheme amounts to a state bailout of the AI monopolies, giving Washington a direct stake in propping up their speculative valuations while binding them to the US imperialist war machine.

Bernie Sanders’ AI Sovereign Wealth Fund Plan - Schneier on Security

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?” We agree entirely that this is one of the most potent questions facing global democracy today. Our book, Rewir…