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POLICY & REGULATIONOpenAI2026-06-07

Trump, Sanders, and Altman Unite on Public Ownership in AI

Key Takeaways

  • ▸Sam Altman expressed openness to public equity stakes in OpenAI but could not commit to Sanders' 50% ownership proposal
  • ▸Bernie Sanders introduced a bold plan for majority public ownership of major AI companies via a public wealth fund
  • ▸President Trump signaled bipartisan interest in ensuring public benefit from AI success, with White House AI executive meetings planned
Source:
Hacker Newshttps://apnews.com/article/sam-altman-ai-bernie-sanders-trump-public-ownership-772224f9cd138eb79d3ef3336858a5d5↗

Summary

In a convergence of unexpected political allies, OpenAI CEO Sam Altman met with Sen. Bernie Sanders to discuss the senator's proposal for public ownership stakes in major AI companies. Sanders' plan would grant the public 50% equity in firms like OpenAI through a public wealth fund designed to spread AI-generated wealth broadly. While Altman expressed support for the principle of public equity, he indicated he could not support the 50% threshold, though he offered to collaborate on advancing the general concept. President Donald Trump has simultaneously voiced support for a framework where "the American people can benefit from the success of AI," signaling planned White House meetings with AI executives to discuss public benefit arrangements. This bipartisan alignment reflects growing pressure on AI companies to address public skepticism about whether ordinary Americans will share in the benefits of the AI boom.

  • The discussion highlights growing political consensus that the public must share in AI's financial gains to maintain public trust
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