yahoo news | ... Sanders Says Elon Musk, Jeff Bezos And Mark Zuckerberg Among Other...Sen. Bernie Sanders (I‑Vt.) used a Senate floor speech on March 24 to launch a broad attack on the artificial‑intelligence boom, singling out what he called “the Big Tech oligarchs.” In a post on X, Sanders listed Elon Musk, Jeff Bezos, Mark Zuckerberg and Larry Ellison as the investors driving the current AI and robotics surge, arguing that they are pouring “hundreds of billions of dollars” into technologies that enrich a handful of billionaires rather than address the needs of working families. He cited Musk’s warning that AI and robots could replace all jobs, Bezos’s plan to raise $100 billion to automate factories, and Ellison’s vision of constant AI surveillance, saying Congress is failing to confront the consequences of their agenda. Beyond criticism, Sanders outlined a policy package aimed at curbing the power of the tech elite. He reiterated a Senate HELP Committee minority staff report that backs a 32‑hour workweek with full pay, bans stock buybacks, and insists that AI‑generated profits should flow to workers instead of executives and shareholders. He also called for a moratorium on new AI data centers, warning they threaten jobs, democracy and public resources, and pressed broader “tax‑the‑rich” measures to limit billionaire influence. Sanders warned that the AI wave could have far‑reaching social costs: it could displace nearly 100 million U.S. jobs over the next decade, amplify deep‑fake misinformation, harm children’s mental health, strain power grids through massive data‑center demands, and, in the worst case, pose an existential risk if superintelligent systems escape human control. He concluded that Congress’s response, or lack thereof, will be the true test of whether the nation can protect working families from an AI agenda that serves only a privileged few.Read more: https://www.yahoo.com/news/articles/bernie-sanders-says-elon-musk-100105315.html?fr=sycsrp_catchall#berniesanders #elonmusk #jeffbezos #bigtech #senate
