Tags: Sovereign Wealth Fund

Tom Steyer Unveils AI Job Guarantee Plan for California Workers

Tom Steyer Unveils AI Job Guarantee Plan for California Workers Wired AI
California gubernatorial hopeful Tom Steyer announced a sweeping proposal to guarantee good‑paying jobs for workers displaced by artificial intelligence. The plan would fund a Golden State Sovereign Wealth Fund through a token tax on big‑tech data processing, channeling money into housing, health care, energy modernization, expanded unemployment insurance and a new AI Worker Protection Administration. Steyer aims to position California as the first major economy to protect AI‑impacted workers while investing heavily in training and apprenticeship programs. Read more