In a 1 June New York Times essay, Senator Bernie Sanders proposed a more novel plan that would also ensure oversight and provide compensation for the use of the public asset. Sanders plans to introduce legislation that would establish an American AI Sovereign Wealth Fund, which will impose a one-time 50% equity tax on AI companies that would be paid in corporate stock. A federal commission would then control half of the voting shares in each company, thus ensuring public input.
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Racist text messages invoking slavery raised alarm across the country this week after they were sent to Black men, women and students, including middle schoolers, prompting inquiries by the FBI and other agencies.
The Florida A&M University-based (FAMU) Florida Small Business Development Center (FSBDC at FAMU) received $3 million as part of the Biden administration’s Capital Readiness Program (CRP) initiative to promote small and minority-owned businesses.