69% of Americans back public ownership of big AI firms

A recent Verasight survey indicates that 69% of Americans support a proposal to force large AI companies to transfer 50% of their stock to a public sovereign wealth fund. This policy, championed by Senator Bernie Sanders, aims to redistribute AI-generated wealth to the public amid rising concerns over tech-sector layoffs.
Why it matters
This reflects a significant shift in public sentiment toward aggressive regulation and wealth redistribution in the AI industry, potentially influencing future legislative agendas.
TL;DRA Verasight survey of 1,690 US adults found 69% support forcing AI companies to transfer 50% of their stock to a public sovereign wealth fund, the policy at the heart of Bernie Sanders’s American AI Sovereign Wealth Fund Act. The shift tracks a labour market where tech made up nearly a third of US layoffs in H1 2026 while the same firms raised AI capex. The article presents the counterarguments too: property-rights objections, chilled investment, disputed displacement forecasts, and survey-wording effects.
The article reports on survey data and legislative proposals while acknowledging counterarguments like property rights and investment risks.
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