Billionaire California gubernatorial candidate Tom Steyer is rolling out a brand new proposal that will assure jobs with advantages for workers displaced by artificial intelligence. He’s the primary state-wide candidate to make such a pledge.
The plan, which builds on a broader AI coverage framework Steyer released in March, guarantees to make California “the primary main financial system on the earth” to make sure “good-paying” jobs to employees impacted by AI. To take action, Steyer tells WIRED he plans to construct off a earlier proposal to introduce a “token tax” which might tax huge tech firms “a fraction of a cent for each unit of information processed” for AI. The funding generated by that tax would go to what Steyer has known as the Golden State Sovereign Wealth Fund, with a few of that cash being earmarked for jobs constructing housing, well being care, and modernizing California’s power infrastructure.
“The goal of the initiative might be to strengthen the inspiration of the state’s financial system, spend money on our communities, and create lovely, vibrant public areas,” states a marketing campaign memo seen by WIRED. “To help these efforts, Tom can even make investments closely in coaching and apprenticeship applications throughout the state.”
The brand new plan additionally intends to develop unemployment insurance coverage and set up a brand new company known as the AI Employee Safety Administration that would come with union leaders, lecturers, and technologists that will undertake guidelines to guard employees’ rights, the memo says.
“Individuals throughout this state are terrified that AI goes to hole out this entire financial system they usually’re going to lose their jobs. Younger persons are apprehensive they’ll by no means get a job,” Steyer tells WIRED. “We consider this may be an incredible transformational know-how in some ways, however we’re not within the enterprise of leaving individuals in California behind.”
Steyer’s job assure comes as lawmakers throughout the state and federal ranges—and even some AI executives—scramble to handle the ramifications of widespread AI adoption throughout the US workforce. In New Jersey, state senator Troy Singleton not too long ago put out a invoice that will require firms that substitute employees with AI to contribute to a fund that will pay to retrain these employees. In Congress, there are a handful of proposals for grants and tax credit for firms to offer AI coaching to present workers.
Dario Amodei, CEO of Anthropic, has beforehand steered the idea of a token tax that’s now being proposed by Steyer. “Clearly, that’s not in my financial curiosity,” Amodei told Axios last year. “However I feel that will be an inexpensive answer to the issue.” In April, OpenAI proposed an identical public wealth fund to what Steyer has rolled out.
Steyer’s announcement comes days after Democratic major opponent Xavier Becerra—former Well being and Human Providers secretary below president Joe Biden—supplied his own AI plan. In that proposal, Becerra requires “workforce funding and transition help” however doesn’t present a particular funding mechanism.
“Displacement with out help is abandonment,” Becerra mentioned in a Monday memo outlining his plan. “I’ll work with the Legislature, the California public training system and business companions to construct accessible, stackable workforce applications that put together Californians for the AI financial system and help employees navigating position modifications.”
Over the previous few months, the White Home has threatened to go after states that select to control AI. In December, President Donald Trump signed an executive order that would revoke federal broadband funding from states that approve “onerous” AI legal guidelines. That is taking place in native races as nicely: In New York, an excellent PAC backed by numerous Silicon Valley powerhouses, together with OpenAI cofounder Greg Brockman, has targeted Alex Bores, a Manhattan congressional candidate who has made AI regulation the centerpiece of his marketing campaign.
“Not regulating AI doesn’t appear remotely affordable,” Steyer says. “But when California desires to guide, we’ve obtained to have a imaginative and prescient for the long run that features one thing that isn’t nearly letting entrepreneurs get wealthy on the expense of all people else.”

