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Billionaire Mike Bloomberg warns Trump’s AI ownership plan would make ‘George Orwell blush’

Summary by Fortune
"Somewhere, Karl Marx is smiling," the media company founder wrote in an op-ed, calling current markets a "smoke-filled backroom."

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FortuneFortune
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Billionaire Mike Bloomberg warns Trump’s AI ownership plan would make ‘George Orwell blush’

"Somewhere, Karl Marx is smiling," the media company founder wrote in an op-ed, calling current markets a "smoke-filled backroom."

·New York, United States
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Fortune broke the news in New York, United States on Tuesday, July 21, 2026.
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