{"id":415481,"date":"2025-12-29T12:30:16","date_gmt":"2025-12-29T07:00:16","guid":{"rendered":"https:\/\/dripp.zone\/news\/why-bernie-sanders-is-targeting-richest-people-in-the-world-over-ai-boom-crypto-news\/"},"modified":"2025-12-29T12:37:20","modified_gmt":"2025-12-29T07:07:20","slug":"why-bernie-sanders-is-targeting-richest-people-in-the-world-over-ai-boom-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/why-bernie-sanders-is-targeting-richest-people-in-the-world-over-ai-boom-crypto-news\/","title":{"rendered":"Why Bernie Sanders is targeting \u2018richest people in the world\u2019 over AI boom? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<div id=\"article-index-0\" class=\"storyParagraph\">\n<p>US senator Bernie Sanders has escalated his warning over artificial intelligence, arguing that the technology\u2019s rapid expansion\u2014driven by the world\u2019s wealthiest individuals\u2014risks destabilising labour markets, undermining human connection and outpacing democratic oversight. <\/p>\n<\/div>\n<div id=\"article-index-1\" class=\"storyParagraph\">\n<p>Bernie Sanders raised the possibility of a moratorium on new AI data centres, saying lawmakers have yet to grapple seriously with the social consequences of a technology advancing at breakneck speed.<\/p>\n<\/div>\n<div id=\"article-index-2\" class=\"storyParagraph\">\n<p>Speaking on <i>CNN\u2019s State of the Union<\/i> on Sunday, Sanders said he was \u201cfearful of a lot\u201d when it came to AI, describing it as \u201cthe most consequential technology in the history of humanity\u201d that would \u201ctransform\u201d the United States and the world in ways that have not been fully discussed.<\/p>\n<\/div>\n<div id=\"article-index-3\" class=\"storyParagraph\">\n<h2><strong>Jobs, income and an unspoken crisis<\/strong><\/h2>\n<p>At the heart of Bernie Sanders\u2019 critique lies a fundamental economic concern: mass job displacement without a corresponding plan for income security.<\/p>\n<\/div>\n<div id=\"article-index-4\" class=\"storyParagraph\">\n<p>\u201cIf there are no jobs and humans won\u2019t be needed for most things, how do people get an income to feed their families, to get healthcare or to pay the rent?\u201d Sanders said. \u201cThere\u2019s not been one serious word of discussion in the Congress about that reality.\u201d<\/p>\n<\/div>\n<div id=\"article-index-5\" class=\"alsoRead_alsoRead__TkvGs\"><strong>Also Read<\/strong> <!-- -->|<!-- --> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/opinion\/columns\/ai-regulation-politics-artificial-intelligence-2025-2026-businesses-governments-friction-india-ai-adoption-west-us-eu-11766651677151.html\">Politics over artificial intelligence: This trend will endure in 2026<\/a><\/div>\n<div id=\"article-index-6\" class=\"storyParagraph\">\n<p>Bernie Sanders&#8217;s warning echoes a growing body of research suggesting that AI-driven automation could reshape employment on a vast scale. Recent global labour-market projections indicate that while new roles may emerge, tens of millions of existing jobs worldwide could be displaced by the end of the decade, with advanced economies facing particularly acute transitions. Yet, as Sanders noted, there has been little sustained debate in Congress about how to redesign welfare systems, healthcare access or housing policy in anticipation of such disruption.<\/p>\n<\/div>\n<div id=\"article-index-7\" class=\"storyParagraph\">\n<h2><strong>\u2018They are doing it to get richer\u2019<\/strong><\/h2>\n<p>Bernie Sanders<strong> <\/strong>directly challenged the motives behind the AI boom, linking it to the financial ambitions of a small group of technology leaders. He singled out Elon Musk, Mark Zuckerberg, Jeff Bezos and Peter Thiel, questioning whether their enthusiasm for AI was matched by concern for working people.<\/p>\n<\/div>\n<div id=\"article-index-8\" class=\"storyParagraph\">\n<p>\u201cYou think they\u2019re staying up nights worrying about working people and how this technology will impact those people?\u201d Sanders said. \u201cThey are not. They are doing it to get richer and even more powerful.\u201d<\/p>\n<\/div>\n<div id=\"article-index-9\" class=\"alsoRead_alsoRead__TkvGs\"><strong>Also Read<\/strong> <!-- -->|<!-- --> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/companies\/news\/ai-layoffs-in-2025-over-55-000-us-job-cuts-are-linked-to-arrival-of-artificial-intelligence-heres-list-of-companies-11766397770152.html\">Over 55,000 job cuts in US are linked to arrival of artificial intelligence<\/a><\/div>\n<div id=\"article-index-10\" class=\"storyParagraph\">\n<p>The senator\u2019s remarks come amid an unprecedented surge in AI investment. Private funding into AI companies has climbed into the tens of billions of dollars annually, with vast sums flowing into data centres, advanced chips and generative AI systems\u2014often concentrated in the hands of a few dominant firms.<\/p>\n<\/div>\n<div id=\"article-index-11\" class=\"storyParagraph\">\n<h2><strong>Mental health, children and the rise of AI companions<\/strong><\/h2>\n<p>Sanders also warned of less visible but potentially profound social consequences, citing studies that show increasing reliance on AI chatbots for emotional support.<\/p>\n<\/div>\n<div id=\"article-index-12\" class=\"storyParagraph\">\n<p>\u201cIf this trend continues, what does it mean over the years when people are not getting their support, their interaction from other human beings, but from a machine?\u201d he said. \u201cWhat does that mean to humanity?\u201d<\/p>\n<\/div>\n<div id=\"article-index-13\" class=\"storyParagraph\">\n<p>That concern has found rare bipartisan resonance. Republican senator Katie Britt used a separate appearance on <i>State of the Union <\/i>to outline legislation aimed at protecting minors from AI companions.<\/p>\n<\/div>\n<div id=\"article-index-14\" class=\"storyParagraph\">\n<h2><strong>What the GUARD Act proposes<\/strong><\/h2>\n<p>Britt is a co-sponsor of the proposed Guardianship Over Artificial Intelligence Relationships (GUARD) Act, which would place strict limits on AI companion tools accessible to children.<\/p>\n<\/div>\n<div id=\"article-index-15\" class=\"storyParagraph\">\n<p>The bill seeks to ban AI companions for minors outright, require chatbots to repeatedly disclose that they are non-human and lack professional credentials, and establish criminal liability for companies that allow AI systems to produce sexually explicit material, encourage self-harm or promote violence to underage users.<\/p>\n<\/div>\n<div id=\"article-index-16\" class=\"alsoRead_alsoRead__TkvGs\"><strong>Also Read<\/strong> <!-- -->|<!-- --> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/technology\/tech-news\/artificial-intelligence-sparks-debate-at-cop30-climate-talks-in-brazil-11763474527285.html\">Artificial intelligence sparks debate at COP30 climate talks in Brazil<\/a><\/div>\n<div id=\"article-index-17\" class=\"storyParagraph\">\n<p>Britt said she had spoken to parents who shared \u201cdevastating stories\u201d about children becoming isolated from their families after prolonged chatbot interactions.<\/p>\n<\/div>\n<div id=\"article-index-18\" class=\"storyParagraph\">\n<p>\u201cIf these AI companies can make the most brilliant machines in the world, they could do us all a service by putting up proper guardrails,\u201d she said, adding that users should be clearly told: \u201cI am a machine.\u201d<\/p>\n<\/div>\n<div id=\"article-index-19\" class=\"storyParagraph\">\n<p>While the GUARD Act is narrowly focused on child protection, policy analysts note that its effectiveness will depend heavily on enforcement and the feasibility of robust age-verification systems\u2014an area where technology, privacy and compliance challenges remain unresolved.<\/p>\n<\/div>\n<div id=\"article-index-20\" class=\"storyParagraph\">\n<h2><strong>A call to slow down<\/strong><\/h2>\n<p>For Sanders, such targeted safeguards, while necessary, do not address the deeper structural risks posed by AI\u2019s unchecked expansion. He argued that lawmakers must consider whether society is prepared for large-scale displacement before accelerating further.<\/p>\n<\/div>\n<div id=\"article-index-21\" class=\"storyParagraph\">\n<p>\u201cFrankly, I think you have got to slow this process down,\u201d he said. \u201cIt\u2019s not good enough for the oligarchs to tell us, it\u2019s coming, you adapt.\u201d<\/p>\n<\/div>\n<div id=\"article-index-22\" class=\"storyParagraph\">\n<p>\u201cWhat are they going to do when people have no jobs?\u201d Sanders asked. \u201cWhat are they going to do, make housing free?\u201d<\/p>\n<\/div>\n<div id=\"article-index-23\" class=\"alsoRead_alsoRead__TkvGs\"><strong>Also Read<\/strong> <!-- -->|<!-- --> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/opinion\/online-views\/genai-chatbots-lifelines-lonely-users-guardrails-reality-artificial-intelligence-11763050288970.html\">AI promises comfort and intimacy but we mustn\u2019t lose touch with reality<\/a><\/div>\n<div id=\"article-index-24\" class=\"storyParagraph\">\n<p>As AI investment continues to soar and data centres multiply across the United States, Sanders\u2019 intervention reframes the debate. The question, he suggests, is no longer whether AI will transform society, but whether democratic institutions can still shape the terms on which that transformation occurs.<\/p>\n<\/div>\n<div id=\"article-index-25\" class=\"storyParagraph\">\n<h2><strong>How AI could reshape work \u2014 and who is most exposed<\/strong><\/h2>\n<p>Economists increasingly warn that AI could disrupt employment on a scale not seen since the Industrial Revolution. The International Monetary Fund (IMF) has said that around 40% of global jobs are exposed to AI, with advanced economies facing the highest risk, because a greater share of work involves cognitive and administrative tasks that can be automated.<\/p>\n<\/div>\n<div id=\"article-index-26\" class=\"storyParagraph\">\n<p>In the United States, generative AI is already displacing white-collar roles in legal services, finance and customer support, where tasks such as document review, data analysis and routine client interactions are increasingly handled by machines, according to research cited by Goldman Sachs.<\/p>\n<\/div>\n<div id=\"article-index-27\" class=\"storyParagraph\">\n<p>Automation is also accelerating in the manufacturing and logistics sectors. The World Economic Forum (WEF) has found that employers expect continued declines in clerical, administrative and assembly-line jobs as AI-driven robotics and predictive systems expand.<\/p>\n<\/div>\n<div id=\"article-index-28\" class=\"storyParagraph\">\n<h2><strong>Where AI may still create work \u2014 and what skills will matter<\/strong><\/h2>\n<p>While AI is expected to displace some jobs, it is also likely to create new ones, though often requiring skills that displaced workers do not easily possess. The WEF projects growth in roles focused on AI oversight and governance, including system auditing, cybersecurity and model supervision, alongside continued demand for data engineers and infrastructure specialists.<\/p>\n<\/div>\n<div id=\"article-index-29\" class=\"storyParagraph\">\n<p>Beyond technical fields, studies by the Organisation for Economic Co-operation and Development (OECD) and McKinsey suggest AI could expand employment in human-centred sectors, such as healthcare, education and mental health services, where empathy, judgement and interpersonal skills remain difficult to automate.<\/p>\n<\/div>\n<div id=\"article-index-30\" class=\"storyParagraph\">\n<p>However, researchers caution that without large-scale retraining and public investment, job creation may lag behind displacement, amplifying the economic insecurity that Sanders has warned Congress has yet to address.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>US senator Bernie Sanders has escalated his warning over artificial intelligence, arguing that the technology\u2019s rapid expansion\u2014driven by the world\u2019s wealthiest individuals\u2014risks destabilising labour markets, undermining human connection and outpacing democratic oversight. Bernie Sanders raised the possibility of a moratorium on new AI data centres, saying lawmakers have yet to grapple seriously with the social [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":415482,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[8565,20766,284,263,262,44344,15260,260,44345,210,259,258,44348,35117,1291,30550,44347,265,14996,44346,202,7446,261,264],"class_list":["post-415481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse","tag-ai-chatbots","tag-ai-data-centres","tag-artificial-intelligence","tag-axie-infinity","tag-axs","tag-bernie-sanders","tag-data-centres","tag-decentraland","tag-economic-insecurity","tag-elon-musk","tag-facebook","tag-game","tag-guardianship-over-artificial-intelligence-relationships-guard","tag-human-connection","tag-jeff-bezos","tag-job-displacement","tag-katie-britt","tag-mark-zuckerberg","tag-mental-health","tag-moratorium-on-datacenters","tag-nft","tag-peter-thiel","tag-sandbox","tag-vr"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/415481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=415481"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/415481\/revisions"}],"predecessor-version":[{"id":415483,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/415481\/revisions\/415483"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/415482"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=415481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=415481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=415481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}