Trump proposes government stakes in AI to combat wealth concentration
US President Donald Trump proposed discussing government stakes in AI companies during a recent meeting with executives. Trump claimed, 'If we do that, the public will become very rich,' highlighting concerns around wealth concentration. Senator Bernie Sanders argued that the technology must benefit humanity, reflecting fears of increased power among a few billionaires in the sector.
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Published 23 Jun 2026, 02:14 UTC · Updated 23 Jun 2026, 02:20 UTC
Summary by OZbrief Editorial. Original report: The Age. Editorial policy · Corrections
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