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El-Sayed Calls 50% AI Tax, Public-Benefit Labs, Media Ban

6/30/2026

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Summary

Story summary

El-Sayed proposes converting frontier AI labs into public-benefit corporations with democratically elected board seats.
A one-time 50 percent tax on the biggest AI firms would raise $7 trillion for safety-net programs and a yearly dividend to Americans.
He urges Amazon, Microsoft, Google, and Meta to divest from frontier AI companies.
He calls for an FDA-style agency to vet AI models before deployment and for a ban on AI-generated political media.

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Story summary

El-Sayed proposes converting frontier AI labs into public-benefit corporations with democratically elected board seats.
A one-time 50 percent tax on the biggest AI firms would raise $7 trillion for safety-net programs and a yearly dividend to Americans.
He urges Amazon, Microsoft, Google, and Meta to divest from frontier AI companies.
He calls for an FDA-style agency to vet AI models before deployment and for a ban on AI-generated political media.