“All your stock shares are belong to us . . . “ Bernie Sanders plans to have the US government seize control of AI companies worth $1.XT

Photo above – future US senator Bernie Sanders, protesting racial segregation at 23. I prefer to remember him as the 1963 version, not the Octogenarian socialist who wants to nationalize our tech companies today.

Wow . . . have the government seize control of AI companies? (See link below). What could possibly go wrong? Bernie Sanders doesn’t seem concerned.

I’m not sure what the end game is here, Mr. Sanders. To make the companies unattractive to investors, and trigger a stock price crash? To slow up development of AI with Senate hearings and new regulations written by the “US department of AI?” To ensure spy capabilities are built into government controlled AI? Or is this a get rich quick scheme? Open AI and Anthropic – a collective stock market valuation of $1.2 trillion – doubled in value over the prior 12 months. Is seizing these companies intended to provide immediate cash for the federal government?

Nationalization is exactly what you’d expect a socialist to dream up. Instead of inventing and nurturing something from the start, simply nationalize it – or at least 50% of it, like Senatir Sanders proposes. We’ve seen this before, in 3rd world countries. Energy, transportation, agriculture. It never ends well. In fact it ends with friends and cronies of government bigshots appointed to run the newly nationalized enterprises, and driving them into bankruptcy due to incompetence.

This is why Russia has no car manufacturing. Why Venezuela’s oil exports declined by almost 50% in 2025 alone.

Let me be clear – I do NOT hate Bernie Sanders. But he IS 84 frickin’ years old, and hasn’t had a good idea since he began serving in congress 35 years ago. His best work came in 1963: opposing segregation and JFK's newly launched war in Vietnam.

I doubt if Sander’s proposal to nationalize AI firms has a snowball’s chance of hell of passage in the Senate. Or being ratified in the house. Or being signed into law by any president, Democrat or Republican.

This does NOT mean that I think AI’s best days are ahead. Analysts are in broad agreement that tech stock shares are “priced to perfection”, and that the mania for overbuilding data centers poses a huge risk of losses, and failure among some of these competitors. I don’t want the government on THAT roller coaster ride either.

In fact, I don’t want the US government to nationalize ANYTHING. Not legacy Detroit automakers. Not sugarcane like Cuba. Not oil and gas like Russia. Not outmoded canals, or mines, or steel mills. Just leave them the eff alone, and let them succeed or fail based on management competency and consumer preferences. Government control means guaranteed incompetency.

I’m just sayin’ . . .


Bernie Sanders bill would seize 50% of top AI firms' stock