MAGA hates AI, but Trump agrees with Bernie it might be time for partial government ownership

fortune.com Jun 6, 2026

MAGA hates AI, but Trump agrees with Bernie it might be time for partial government ownership

Curated by Shubham · TechCapsules · Jun 6, 2026

AI-summarised brief · reviewed before publication

Donald Trump suggested the US government may take direct equity stakes in AI giants like OpenAI and Anthropic, echoing Senator Bernie Sanders' recent proposal. This convergence of views comes despite Trump's base, MAGA, expressing concerns over AI's impact on American workers. Trump's statement follows months of tension between his support for AI deregulation and defense of workers threatened by AI disruption. The idea of government ownership has been discussed privately by OpenAI CEO Sam Altman with administration officials and lawmakers, and Sanders has introduced a bill to impose a one-time equity tax on large AI firms, with proceeds going to a public wealth fund, aiming to give citizens a stake in AI-driven growth, and potentially addressing concerns over job losses and concentration of power.

💡 Why It Matters

· Trump's endorsement of government ownership in AI giants undermines his own base's anti-regulation stance, revealing a deepening divide within the party.
· It also highlights the growing influence of socialist ideas on mainstream politics.

AI Capsules Policies

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