Bernie Sanders' Dangerous and Unconstitutional Plan to Expropriate AI Firms

Summary

Bernie Sanders proposed seizing 50% of AI companies' stock, a plan that constitutional scholars say violates the Fifth Amendment's Takings Clause, which generally requires government to pay fair market value when appropriating private property. The proposal would hand the government majority control over a rapidly evolving industry, a concentration of power that critics argue mirrors Trump-era interventionism, albeit from the opposite political direction. Such government ownership could stifle innovation and create perverse incentives in a sector already facing calls for stronger regulation.