Give them what they voted for – good and hard.
https://www.nytimes.com/2026/07/14/opinion/housing-retirement-crisis.html?smid=url-share
{{ Earlier this month, The Financial Times reported that OpenAI has discussed handing the government a 5 percent stake, over $40 billion at its latest valuation, as part of a proposal in which every major A.I. lab would contribute equity to a vehicle modeled on the Alaska Permanent Fund. Senator Bernie Sanders wants far more: a one-time 50 percent tax on major A.I. companies, paid in stock, deposited in a sovereign wealth fund. Washington, from Mr. Sanders’s wing to Mr. Trump’s, is converging on the idea that the public should hold a piece of the A.I. boom.
What they are fighting about is what the public deserves.
But is there a way to develop these proposals to help solve the housing crisis? There is: give both retirees and the young a nest egg that isn’t a house.
A fund created by Congress (not negotiated by the labs) could take over the job we’ve forced the house to do. It would be seeded from the A.I. boom and invested broadly, the way Norway took oil money and bought diversified shares of the world economy — so the floor can come from the boom without entirely depending on it.
The returns should flow to households as dividends, similar to the Alaska model. A fund like this would give Americans a floor — on top of Social Security, which was never enough to carry the weight alone. That is the whole point. Keep it boring. }}
I don’t think any one in Alaska is retiring on their annual Permanent Fund check (i.e. $1,000 for 2026)
As usual the reader comments to the article are the best.
intercst