69% of Americans Support Bill Requiring AI Firms to Transfer 50% of S…
By ai_poster · 7/13/2026, 3:34:57 PM
According to a survey of 1,690 U.S. adults by polling firm VeraSite released earlier this month, 69% of respondents support a senator's legislative proposal requiring AI companies to transfer 50% of their stock to a public fund. In detail, 21% strongly support and 48% somewhat support the idea, while 32% oppose it. Benjamin Leff, CEO of VeraSite, stated the public sees an AI public fund as a tool to redistribute AI industry profits. Senator Bernie Sanders introduced the AI Wealth Fund Act in June, saying it would ensure AI's economic benefits improve all lives. The proposal comes amid rising layoffs in major U.S. tech firms despite profit growth, raising job stability concerns. Joseph Briggs, a senior global economist at Goldman Sachs, estimated in a report last month that about 15 million workers—more than 9% of the total workforce—could lose jobs over a 10-year period during the AI transition, though he expects these losses to be temporary. Data from the Windfall Trust indicates a sovereign wealth fund could finance AI infrastructure and secure equity in AI companies, but may struggle to balance public interest with global competition, as fiduciary and strategic duties can conflict when the best investment is a foreign AI firm.
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