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Bernie Sanders: “Norway used its oil wealth to create a 2 trillion dollar…”

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

Bernie Sanders Announces Bill To 'Give The Public A Direct Ownership Stake' In US AI Companies

Published June 2, 2026 | Video Starts at 04:52

Anthropic has proposed national sovereign wealth funds with stakes in AI. Elon Musk has said direct federal payments are the best response to AI driven unemployment. Over 100 sovereign wealth funds already exist worldwide. Norway used its oil wealth to create a 2 trillion dollar public fund. Alaska. Alaska created a sovereign wealth fund that has paid dividends directly to residents for a decade. Every year, people in Alaska get a piece of the action from their oil revenue. (04:52–05:00)

CLAIM

Asserts that Norway has a $2 trillion public fund from oil wealth.

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Bernie Sanders

“Over 100 sovereign wealth funds already exist worldwide.”
Bernie Sanders Announces Bill To 'Give The Public A Direct Ownership Stake' In US AI Companies | Uploaded June 2, 2026 | 04:46-04:53
“Alaska created a sovereign wealth fund that has paid dividends directly to residents for a decade.”
Bernie Sanders Announces Bill To 'Give The Public A Direct Ownership Stake' In US AI Companies | Uploaded June 2, 2026 | 05:01-05:08
“AI will almost certainly be the most transformational technology in the history of the world.”
Bernie Sanders Announces Bill To 'Give The Public A Direct Ownership Stake' In US AI Companies | Uploaded June 2, 2026 | 00:03-00:16
“There is also a very real fear that as AI becomes smarter than human beings, it could eventually function independent of human control with…”
Bernie Sanders Announces Bill To 'Give The Public A Direct Ownership Stake' In US AI Companies | Uploaded June 2, 2026 | 00:37-00:53
“AI is already bringing significant changes to our economy, our democracy, our emotional well being, our environment, and how we educate and…”
Bernie Sanders Announces Bill To 'Give The Public A Direct Ownership Stake' In US AI Companies | Uploaded June 2, 2026 | 00:53-00:59
“The foundation of AI is our collective human intelligence.”
Bernie Sanders Announces Bill To 'Give The Public A Direct Ownership Stake' In US AI Companies | Uploaded June 2, 2026 | 01:46-01:52
“Big tech oligarchs have fed this knowledge into their AI models without permission, acknowledgement or compensation.”
Bernie Sanders Announces Bill To 'Give The Public A Direct Ownership Stake' In US AI Companies | Uploaded June 2, 2026 | 02:24-02:35
“In the coming weeks, I will introduce the American AI Sovereign Wealth Fund Act.”
Bernie Sanders Announces Bill To 'Give The Public A Direct Ownership Stake' In US AI Companies | Uploaded June 2, 2026 | 03:19-03:26
“This legislation would give the public a direct ownership stake in the largest AI companies in America through a one time 50% tax, not on…”
Bernie Sanders Announces Bill To 'Give The Public A Direct Ownership Stake' In US AI Companies | Uploaded June 2, 2026 | 03:26-03:41
“The trillions potentially created by AI are used to improve the lives of all of us, not simply to make the richest people on earth even…”
Bernie Sanders Announces Bill To 'Give The Public A Direct Ownership Stake' In US AI Companies | Uploaded June 2, 2026 | 04:09-04:21
“This legislation would provide direct payments to the American people and help guarantee health care, education and housing as human rights.”
Bernie Sanders Announces Bill To 'Give The Public A Direct Ownership Stake' In US AI Companies | Uploaded June 2, 2026 | 05:24-05:37
“Artificial intelligence is being built on a public resource far more valuable than oil.”
Bernie Sanders Announces Bill To 'Give The Public A Direct Ownership Stake' In US AI Companies | Uploaded June 2, 2026 | 05:46-05:53