Key facts
- Senator Bernie Sanders proposed a bill to seize 50% of stock in AI companies for a sovereign wealth fund.
- The proposed fund would include stakes in OpenAI, Anthropic, and xAI.
- A survey indicates college graduates expect to earn $80,000 annually, significantly higher than the average starting salary of $56,000.
- Nvidia unveiled its new RTX Spark chip, designed for AI capabilities on laptops and desktops.
- Nvidia collaborated with Microsoft on the RTX Spark chip.
- A security startup claims Apple devices can be compromised quickly.
- Jeff Bezos suggested that the bottom half of American earners should pay zero federal income tax.
- The NewsGuild of New York accused The New York Times of using AI to monitor unionized tech workers.
Senator Bernie Sanders has introduced a proposal to establish a federal sovereign wealth fund by acquiring a 50% stock ownership in major artificial intelligence companies, including OpenAI, Anthropic, and xAI. This initiative aims to finance the fund through these AI giants. The newsletter also highlights a significant discrepancy between college graduates' salary expectations and the actual average starting salaries, with graduates expecting $80,000 annually compared to the reality of $56,000. Nvidia has launched its new RTX Spark chip, developed in collaboration with Microsoft, to integrate AI capabilities into personal computers. Additionally, a security startup has raised concerns about the ease with which Apple devices can be breached. Jeff Bezos proposed that the lower half of American income earners should pay no federal income tax. The NewsGuild of New York has accused The New York Times of violating its collective bargaining agreement by using AI to monitor unionized tech workers' performance.