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AI Wealth Fund Proposed; Pope Links Tech to Labor Dignity

7/12/2026

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Summary

Story summary

Senator Bernie Sanders and Rep. Alexandria Ocasio-Cortez introduced legislation to place 50 % of AI firms’ stock in a public dividend fund paying every American.
Pope Leo XIV issued an AI-focused encyclical on Rerum Novarum’s anniversary, linking the technology to labor dignity.
Media coverage has centered on data-center energy strain and AI-enabled cyberattacks, giving little attention to labor displacement.

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Story summary

Senator Bernie Sanders and Rep. Alexandria Ocasio-Cortez introduced legislation to place 50 % of AI firms’ stock in a public dividend fund paying every American.
Pope Leo XIV issued an AI-focused encyclical on Rerum Novarum’s anniversary, linking the technology to labor dignity.
Media coverage has centered on data-center energy strain and AI-enabled cyberattacks, giving little attention to labor displacement.