Sen. Sanders Wants to Take 50% of AI Profits to Create a Sovereign Wealth Fund. Is He Nuts?
Sanders plans to introduce a bill that would tax AI companies’ profits to fund a sovereign wealth fund.

SOURCE CHECK
TAP FOR WHYPJ Media is an opinion-oriented, politically partisan publisher, so its institutional credibility is below that of established general-news outlets. This page identifies its author, but the article is commentary rather than independently reported news.
- Source type — Opinion-oriented publisher with a clear partisan perspective.
- Editorial standards — The argument is presented as commentary, not as neutral original reporting.
- Author attribution — The column names Rick Moran as its author.
The column provides historical examples and attributes several claims to named publications and organizations. Its argument is openly one-sided, however, and it does not develop a detailed response from supporters of Sanders’ proposal.
HOW WE SCORE ↗The column gives substantial space to criticism of Sanders’ plan and to risks of government control. It acknowledges historical arguments for public intervention but does not meaningfully present the case for Sanders’ proposal or a response from its supporters.
- Counterarguments presented — The case for public involvement is acknowledged mainly through historical examples, not through current proponents’ arguments.
- Loaded language — Uses dismissive phrases such as “socialist blather” and “wealth-grabbing.”
- Source diversity — Cites outside publications and organizations, but does not include a direct response from supporters of the plan.
- Opinion vs reporting — The piece openly argues against the proposal rather than presenting a neutral report.
The column uses dismissive language about Sanders’ proposal and argues against government wealth-taking, while also acknowledging arguments for public intervention. Its overall framing is strongly conservative.
- Language tone — Calls the proposal “socialist blather” and later describes it as a “scheme.”
- Framing — Emphasizes risks of government control and misuse of wealth funds.
- Countervailing context — Acknowledges that historical public infrastructure projects may support intervention.
Rick Moran criticizes Bernie Sanders’ planned bill to tax AI companies’ profits to fund a sovereign wealth fund, while noting that President Trump has also proposed a fund. The column argues that government control could pose risks but says the history of public infrastructure offers support for intervention.
Moran describes Sanders’ planned American A.I. Sovereign Wealth Fund Act as including a one-time 50% tax on AI companies’ profits. Sanders says the bill would give the public a role in shaping AI’s future. Moran contrasts Sanders’ proposal with Trump’s executive order directing officials to develop a plan for a sovereign wealth fund.
The column warns that government funds could be misused, citing examples from other countries and Trump administration stakes in private companies. It also recounts the history of public involvement in electricity and communications, arguing that past disputes over infrastructure offer support for intervention. Moran concludes that AI policy risks becoming demagogic unless a broader consensus can be reached.
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SWIPE →President whose administration is developing a sovereign wealth fund plan
Part of a bigger story
4 OUTLETS- ARTICLES
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- Fortune · Bernie Sanders wants Americans to own a piece of AI. The Trump White House seems to agree
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