Sen. Bernie Sanders (I-VT) has introduced legislation to create a $7 trillion AI sovereign wealth fund, to be managed by a seven-member commission that would have sweeping influence over the emerging sector and the broader U.S. economy.

The Sanders proposal is an enormously ambitious one, particularly as artificial intelligence has been the fastest-growing technology in recent years, with some arguing it has the potential to completely reshape the economic landscape. Sanders argues the AI boom will lead to further wealth inequality, and his legislation would help even the playing field.