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Bernie Sanders: “AI and robotics can throw millions of workers out on the…”

Featuring: Bernie Sanders, Independent | U.S. Senate, Vermont

Billionaire Tax Now (A Special Rebroadcast at 8PM ET)

Published February 24, 2026 | Video Starts at 14:31

Big tech oligarchs in Silicon Valley, your state have already pledged to spend at least 200 million on a super PAC sympathetic to the AI and robotics industries. And you know why they're doing that? Because they know that AI and robotics can throw millions of workers out on the street. and make their corporate friends and themselves even richer. And by the way, I'm going to be in Palo Alto in a few days talking about this issue. (14:31–14:40)

CLAIM

Asserts that AI and robotics could lead to massive job losses.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Bernie Sanders

“Today in America, the top 1% owns more wealth than the bottom 93%.”
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“One man owns more wealth than the bottom 53%.”
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“CEOs of large profitable corporations now make 350 times more than the average worker.”
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“There has been a $79 trillion transfer of wealth from the bottom 90% to the top 1% [over the last 50 years].”
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“The average American worker today is making almost $20 a week less than he or she did over 53 years ago after adjusting for inflation.”
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“Four Wall Street firms, BlackRock, Vanguard, Fidelity, and State Street, are the major stockholders in 95% of our corporations.”
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“In the last presidential election, Mr. Musk, the wealthiest man on Earth, spent at least $290 million to elect Donald Trump.”
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“The hundred richest people in our country, Republicans and Democrats, spent 2.6 billion on the 2024 election.”
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“Large corporations like Tesla and SpaceX making billions of dollars in profit a year and paying nothing, zero, zilch in federal income tax.”
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“The 938 billionaires in America became $1.5 trillion richer [after receiving the largest tax break in history].”
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“Over the past six years, billionaires in America have more than doubled their wealth.”
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“The billionaire class, to an unprecedented degree, determines what the American people see, hear and read through their ownership of media.”
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“As a result of the disastrous Citizens United Supreme Court decision, billionaires are able to spend as much money as they want on political…”
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“Billionaires is extraordinarily dangerous to the future of the working class of this country.”
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“The billionaire class no longer sees itself as part of American society.”
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“They're raising a lot of money from their very rich friends, and they're going to be spending a lot of money on TV ads.”
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“If you think it's more important that children get health care than we get massive tax breaks, we are going to punish you.”
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“Mamdani wins. We're all fleeing New York. They didn't.”
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“The Fighting Oligarchy tour, which has brought out over 300,000 people throughout America.”
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“Sergey Brin, the co-founder of Google, is spending $20 million to defeat this tax on billionaires.”
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“Sergey Brin... is worth $245 billion. Since Trump was elected, you have become over $100 billion richer.”
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“Mark Zuckerberg is the wealthiest man in California and the fourth wealthiest person in the world, worth 226 billion.”
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“Larry Ellison is the second wealthiest person in California. He is worth $213 billion.”
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“Billionaires paying a lower tax rate than the average American worker.”
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“15 million people thrown off of health care, Medicaid, and the Affordable Care act in order to provide a trillion dollars in tax breaks for…”
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