Is Bernie's AI sovereign wealth fund proposal good or bad for AI safety?

U.S. Senator Bernie Sanders proposed the U.S. government own a 50% share of major AI companies through a sovereign wealth fund. The plan aims to prevent AI from creating a permanent underclass among U.S. citizens, but the proposal does not address its implications for AI safety.

In the New York Times yesterday https://www.nytimes.com/2026/06/01/opinion/artificial-intelligence-bernie-sanders.html , U.S. Senator Bernie Sanders argued that the U.S. Government should own a 50% share of the major AI companies, held within a sovereign wealth fund. The main goal of this proposal is to avoid AI resulting in a "permanent underclass" at least among U.S. citizens . However, Bernie's essay doesn't really address the implications for AI safety. So, what do you think?