{"id":65196,"date":"2026-06-07T12:47:09","date_gmt":"2026-06-07T12:47:09","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/65196\/"},"modified":"2026-06-07T12:47:09","modified_gmt":"2026-06-07T12:47:09","slug":"openai-chief-sanders-pitch-public-wealth-fund-los-angeles-times-newspaper","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/65196\/","title":{"rendered":"OpenAI chief, Sanders pitch public wealth fund | Los Angeles Times &#8211; newspaper"},"content":{"rendered":"<p>Tech executive meets with Vermont senator to discuss an idea that also interests Trump.<\/p>\n<p style=\"font-size:17px;line-height:27px;color:#313131;\">It was perhaps a surprising private overture from OpenAI Chief Executive Sam Altman to Sen. Bernie Sanders.<\/p>\n<p style=\"font-size:17px;line-height:27px;color:#313131;\">The meeting between the two had come 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.<\/p>\n<p style=\"font-size:17px;line-height:27px;color:#313131;\">Altman told Sanders that he, too, wants the public to have equity in AI companies. Though the CEO said he couldn\u2019t support Sanders\u2019 threshold of 50%, he wanted to work with him to advocate for the general idea, according to people with knowledge of the conversation.<\/p>\n<p style=\"font-size:17px;line-height:27px;color:#313131;\">The nearly hourlong meeting in Sanders\u2019 Senate office last week, held at Altman\u2019s 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 many remain unconvinced of its direct benefits. Yet it\u2019s also creating odd political bedfellows fueled by populism as politicians from Sanders to President Trump embrace giving the public a stake in AI\u2019s growth.<\/p>\n<p style=\"font-size:17px;line-height:27px;color:#313131;\">Speaking to reporters Friday on Air Force One, Trump described a potential partnership \u201cwhere the American people can benefit from the success of AI\u201d and said executives from leading AI companies will visit the White House, perhaps in the coming week, to discuss the idea.<\/p>\n<p style=\"font-size:17px;line-height:27px;color:#313131;\">\u201cThere\u2019s something very interesting about it, where it almost becomes a partnership with the American public,\u201d Trump said.<\/p>\n","protected":false},"excerpt":{"rendered":"Tech executive meets with Vermont senator to discuss an idea that also interests Trump. It was perhaps a&hellip;\n","protected":false},"author":2,"featured_media":63051,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[35918,35915,35922,35913,35912,35921,3002,35916,35909,35914,35908,35920,35910,35919,157,35917,35911],"class_list":["post-65196","post","type-post","status-publish","format-standard","has-post-thumbnail","category-openai","tag-android-magazine","tag-best-magazine","tag-digital-magazines","tag-free-magazine","tag-free-magazines","tag-ipad-magazine","tag-magazine","tag-magazine-subscription","tag-magazines","tag-magazines-for-smartphones","tag-magzter","tag-online-digital-magazine","tag-online-magazine","tag-online-pdf-magazine","tag-openai","tag-pdf-for-smartphones","tag-pdf-magazine"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/65196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=65196"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/65196\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/63051"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=65196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=65196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=65196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}