Robinhood CEO Vlad Tenev addresses concerns raised by Sen. Bernie Sanders about the societal impact of AI data centers. Tenev emphasizes the need to give retail investors exposure to private AI companies like OpenAI and PerplexityAI to alleviate fears of job loss due to AI acceleration.

Robinhood plans to launch a new fund managed by Robinhood Ventures, offering retail traders access to a concentrated portfolio of private AI companies. Beyond AI, Robinhood advocates for the tokenization of private company shares to increase retail access to high-growth firms like SpaceX and Stripe.

Read more at Yahoo Finance: Says This Is Why We Need To Give ‘Retail Investors Exposure To Private AI Companies’