Bernie Sanders talks about AI-and the billionaires who control it - 48 hills

"Sanders was blunt: We are facing, he said, the "most profound technological revolution in history." (He noted that some AI leaders say that before long, the technology will be smarter than humans-"although that's not a very high bar.") Given the stakes, he said, Congress should be asking questions that it is almost entirely avoiding: "Who is pushing this, who benefits, and who gets hurt. Will a handful of billionaires benefit, or will the general public benefit?""

"Khanna said that it's critical to "keep humans in the loop." If AI leads to substantial increases in productivity, those gains should be shared by all workers, not just the investors and tech lords. (As UC Berkeley Professor Robert Reich is fond of pointing out, the fundamental problem with the US economy is that 100 percent of the wealth gains for the productivity increases in the past 30 years have gone to the top 10 percent, most of it to the top one percent.) He also called for a Future Workforce Administration, to do what the federal government did during the New Deal."

AI represents a profound technological revolution that could soon exceed human intelligence. Policymakers must examine who is driving AI development, who benefits, and who will be harmed. A temporary slowdown in infrastructure expansion, including a moratorium on new data centers, can allow regulations to catch up. Policy measures should preserve human decision-making, ensure productivity gains are broadly shared with workers rather than concentrated among investors, and create institutions to manage workforce transitions. Proposals include a Future Workforce Administration and taxing billionaires to fund programs that protect and prepare workers for AI-driven economic change.

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