What's Hot

    Golden State Valkyries erase 16-point deficit, stun Dallas Wings to achieve WNBA semifinals | Invesloan.com

    October 2, 2026

    Europe’s leaders rush to launch diesel from stockpiles as gasoline shock hangs over U.S. midterms | Invesloan.com

    October 2, 2026

    Northwestern Wildcats christen new Ryan Field with spectacular win over Penn State Nittany Lions | Invesloan.com

    October 2, 2026
    Facebook Twitter Instagram
    Finance Pro
    Facebook Twitter Instagram
    invesloan.cominvesloan.com
    Subscribe for Alerts
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    invesloan.cominvesloan.com
    Home » El-Sayed needs to ‘take it a step additional’ with ‘public management’ of main business | Invesloan.com
    Politics

    El-Sayed needs to ‘take it a step additional’ with ‘public management’ of main business | Invesloan.com

    August 19, 2026Updated:August 19, 2026
    Share
    Facebook Twitter LinkedIn Pinterest Email

    NEWYou can now listen to Fox News articles!

    Michigan Democratic Senate nominee Abdul El-Sayed said he wanted to “take it a step further” when asked whether he supported Bernie Sanders’ public-ownership model for major artificial intelligence companies, arguing for “some system of public control” — days after a top House Democrat rejected suggestions that young socialists are talking about “seizing the means of production.”

    Asked during a June 12 appearance on the left-wing “Head in the Office” podcast whether he supported public ownership models for major artificial intelligence companies like one proposed by Sanders, El-Sayed said he wanted to “actually take it a step further,” adding that while he agreed “we need public ownership,” he also believed “we need some system of public control.”

    El-Sayed did not explicitly call for the government to seize or take ownership of private AI companies, instead describing possible forms of “public control” that included public representation on corporate boards or an oversight body.

    EL-SAYED TAUNTS TRUMP, CLAIMS HE’S GOING TO MAKE HIM ‘MAIN CHARACHTER OF THE MIDTERMS’

    Abdul El-Sayed and Sen. Bernie Sanders

    U.S. Sen. Bernie Sanders, I-Vt., stands with Senate candidate Abdul El-Sayed after speaking at Mumford High School on May 3, 2026 in Detroit, Mich. (Sarah Rice/Getty Images)

    “I want to actually take it a step further. I agree that we need public ownership, but I also agree that we need some system of public control. What is the point of democracy if it’s not to protect us from existential risk? And, right now, there is no regulation,” El-Sayed said when asked about public ownership and public control of major AI companies, with the podcast host citing proposals from Sanders.

    “I just think it’s really important for us to be thinking what is democratic control over this industry? What does it look like?” El-Sayed continued.

    El-Sayed later offered examples of what such “public control” could look like, including public representation on corporate boards or a public oversight body over the companies, while arguing that AI poses potentially “existential” risks requiring greater public oversight.

    “Democracy is supposed to fix these problems and right now they’re trying to slip democracy and we cannot allow that,” El-Sayed continued about the political power tech companies wield in Washington. “And so we need leaders who both understand the technological risk and are not bought off by the AI industry itself. It is mission-critical right now for our future.”

    EL-SAYED AIDE LIKENS GOP OPPONENT’S CAMPAIGN TO ‘KKK CROSS BURNING’ OVER VIDEO WITH FORD PICKUP

    Abdul El-Sayed speaks at a unity rally.

    Democratic nominee for U.S. Senate Abdul El-Sayed speaks during a unity rally at Renaissance High School on August 7 in Detroit. (Dieu-Nalio Chery/For The Washington Post via Getty Images)

    El-Sayed’s call to “take it a step further” on public ownership comes as senior Democrats have sought to push back on the idea that the party’s rising socialist wing is seeking government control of the means of production.

    Rep. Jamie Raskin, D-Md., recently argued that young Americans who identify as socialists are not embracing socialism in its traditional Marxist sense, asking whether they mean, “I want to socialize the means of production,” before answering, “I don’t think so.”

    Raskin has similarly argued that young self-described socialists are primarily seeking “greater equality and opportunity,” rather than embracing concepts such as “dialectical materialism” or the “dictatorship of the proletariat.”

    Raskin questions Patel

    U.S. Representative Jamie Raskin (D-Md.) speaks during a House Judiciary Committee hearing with FBI Director Kash Patel (not pictured), on Capitol Hill in Washington, D.C., Sept. 17, 2025.  (Annabelle Gordon/Reuters)

    CLICK HERE TO DOWNLOAD THE FOX NEWS APP

    But some of the movement’s most prominent figures have used more explicit language. Mamdani said during a 2021 Young Democratic Socialists of America conference that one of the movement’s firmly held beliefs was the “end goal of seizing the means of production,” while acknowledging it did not then enjoy the same level of public support as other progressive causes.

    The June podcast comments are drawing fresh attention as El-Sayed, a progressive who has embraced comparisons to New York City Mayor Zohran Mamdani, seeks to carry that brand of politics into a marquee statewide Senate race. The resurfaced exchange also comes amid a broader debate over the Democratic Party’s embrace of democratic socialists and how far the movement’s economic agenda extends beyond policies such as universal healthcare and a higher minimum wage.

    Alec Schemmel is a Politics Reporter for Fox News Digital who is originally from Charlotte, North Carolina but now resides in the Washington D.C.-Baltimore Metro Area.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Keep Reading

    Golden State Valkyries erase 16-point deficit, stun Dallas Wings to achieve WNBA semifinals | Invesloan.com

    Northwestern Wildcats christen new Ryan Field with spectacular win over Penn State Nittany Lions | Invesloan.com

    3 University of South Alabama college students arrested over alleged Trump rally threats | Invesloan.com

    Fox News Campus Radicals Newsletter: Christianity rejected, violence glorified | Invesloan.com

    Tren de Aragua cyber fugitive faces ATM jackpotting expenses in court docket | Invesloan.com

    Minneapolis council member mocked for saying Waymo is killing cats | Invesloan.com

    Doobie Brothers star Michael McDonald revealed as organic father to man, 58 | Invesloan.com

    Billy Joel promoting 70+ prized bikes at Gooding Christie’s public sale | Invesloan.com

    Fox News leads YouTube for eighth consecutive quarter with 918M views | Invesloan.com

    LATEST NEWS

    Golden State Valkyries erase 16-point deficit, stun Dallas Wings to achieve WNBA semifinals | Invesloan.com

    October 2, 2026

    Europe’s leaders rush to launch diesel from stockpiles as gasoline shock hangs over U.S. midterms | Invesloan.com

    October 2, 2026

    Northwestern Wildcats christen new Ryan Field with spectacular win over Penn State Nittany Lions | Invesloan.com

    October 2, 2026

    American Airlines Pilots Union Opposes Spirit’s Data Sale to Google | Invesloan.com

    October 2, 2026
    POPULAR

    China’s first passenger jet completes maiden commercial flight

    May 28, 2023

    Numbers taking US accountancy exams drop to lowest level in 17 years

    May 29, 2023

    Toyota chair faces removal vote over governance issues

    May 29, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!
    Facebook Twitter Pinterest WhatsApp Instagram
    © 2007-2023 Invesloan.com All Rights Reserved.
    • Privacy
    • Terms
    • Press Release
    • Advertise
    • Contact

    Type above and press Enter to search. Press Esc to cancel.

    invesloan.com
    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}