Trump also said the tech exec once called him during his first term in office to ask for help on an unspecified matter — and Trump said his reaction to the call was that “I was very impressed with myself to have the head of Apple calling to ‘kiss my ass.’”
Trump, in a post Tuesday morning on his Truth Social account, explained that Cook called with “a fairly large problem that only I, as President, could fix.”
Trump continued, “Most people would have paid millions of dollars to a consultant, who I probably would not have known, but who would say that he knew me well. The fees would be paid but the job would not have gotten done. When I got the call I said, wow, it’s Tim Apple (Cook!) calling, how big is that? I was very impressed with myself to have the head of Apple calling to ‘kiss my ass.’” (“Tim Apple” is what Trump mistakenly called the exec at a 2019 White House summit convening Cook and other members of the American Workforce Policy Advisory Board.)
Trump, without providing details about the problem Cook supposedly reached out for help on, said that Cook “explained his problem, a tough one it was, I felt he was right and got it taken care of, quickly and effectively. That was the beginning of a long and very nice relationship.”
According to Trump, “During my five years as President, Tim would call me, but never too much, and I would help him where I could. Years latter, after 3 or 4 BIG HELPS, I started to say to people, anyone who would listen, that this guy is an amazing manager and leader. He makes these calls to me, I help him out (but not always, because he will, on occasion, be too aggressive in his ask!), and he gets the job done, QUICKLY, without a dime being given to those very expensive (millions of dollars!) consultants around town who sometimes get it done, and sometimes don’t. Anyway, Tim Cook had an AMAZING career, almost incomparable, and will go on and continue to do great work for Apple, and whatever else he chooses to work on. Quite simply, Tim Cook is an incredible guy!!!”
Variety has reached out to Apple for comment.
Over the years, Cook has sought to curry favor with Trump. In August 2025, Cook visited the White House and present Trump with him a custom-made 24-karat-gold Apple plaque, intended to commemorate Apple’s announcement that it planned $100 billion in new U.S. investment. Cook also personally donated $1 million to Trump’s second inauguration fund (along with contributions from other business leaders).
Trump, in his post Tuesday, began by observing, “I have always been a big fan of Tim Cook, and likewise, Steve Jobs, but if Steve was not taken from the Planet Earth so young, and ran the company instead of Tim, the company would have done well, but nowhere near as well as it has under Tim.”
Cook will step down as CEO to become executive chairman of Apple’s board of directors on Sept. 1, 2026. At that time, John Ternus, senior VP of hardware engineering, will become Apple’s next CEO. The transition, which was approved unanimously by the board of directors, follows “a thoughtful, long-term succession planning process,” the company said.
Nintendo has padded out the Switch 2 release slate for this summer by revealing that Splatoon Raiders is coming to the console on July 23. This is the first spinoff in the series and while it’s a “single-player-focused Splatoon game,” there is a multiplayer element. Nintendo announced Splatoon Raiders (the title of which is a soft pun on Tomb Raider) last June.
You play as a mechanic and after customizing your character’s appearance, you’ll go hunting for treasure across the Spirhalite Islands. You’ll be working with Deep Cut — a fictional band that appeared in Splatoon 3 — and upgrading your weapons as you take on enemy sea creatures.
The colorful, inky action and wacky weapons in the latest trailer remind me a bit of Ratchet and Clank: Rift Apart. You can mount Deep Cut member Big Man (a manta ray) as you venture into battle and it seems as though you’ll be able to cut through swarms of bad guys by firing a shark at them. Alongside Splatoon Raiders, Nintendo will release an Amiibo pack featuring the three members of Deep Cut.
The company also confirmed there’s a multiplayer mode in Splatoon Raiders. You’ll be able to team up with as many as three friends locally or online to take on raids together.
Cryptocurrency exchange Binance has announced it will list the Chip (CHIP) token on its platform. According to the announcement, CHIP will be available for spot trading on April 21, 2026, at 16:30. The new listing will offer users the CHIP/USDT, CHIP/USDC, and CHIP/TRY trading pairs.
Binance stated that users can begin depositing CHIP approximately one hour before trading begins, while withdrawals will be activated on April 22, 2026 at 16:30. It was also announced that the token was added to the platform without a listing fee (0 BNB).
The CHIP token will operate on the Arbitrum network, and the corresponding smart contract address has been shared with users. The exchange announced that an additional 75 million CHIP will be allocated for future marketing activities to support the project’s growth. Details regarding these campaigns will be shared in separate announcements later.
On the other hand, Binance stated that CHIP will initially be available on the Binance Alpha platform, but will be removed from this showcase once spot trading begins. Alpha users will be able to sell their assets for a limited time after spot trading opens, but these transactions will not be included in the Alpha points system.
Experts believe that listings on a large global exchange like Binance can increase the visibility of new projects, positively contributing to trading volumes.
A revival of Tennessee Williams’ Cat on a Hot Tin Roof is coming to Broadway next season.
Sam Gold, the Tony Award-winning director of Fun Home and Macbeth, is attached to direct. Casting and exact dates have not yet been announced, but the plan is to bring the revival to Broadway in spring 2027.
The news comes as Broadway production company Seaview announced the acquisition of the revival rights from the new custodians of the Tennessee Williams estate. International Literary Properties took on the role after entering into a strategic partnership with The University of the South in 2025.
The last Broadway revival of the play was in 2013, starring Scarlett Johansson and Benjamin Walker. Premiering in 1955, the Pulitzer Prize-winning play follows a wealthy southern family competing for the dying patriarch’s inheritance.
This will be the third collaboration between Seaview and Gold, after An Enemy of the People with Jeremy Strong and Romeo + Juliet with Rachel Zegler and Kit Connor. Gold directed a Broadway revival of Tennessee Williams’ The Glass Menagerie in 2017.
“Cat on a Hot Tin Roof is the pinnacle of what the theatre can do. Two of the greatest roles for actors in the cannon, delivered to us by the world’s most original playwright, at the very height of his poetic powers, exploring themes that feel as shockingly honest and blood boiling today as they did 70 years ago,” Gold said. “I couldn’t be more excited to bring this masterpiece back to New York next season.”
“It’s been such a gift to be making work with Sam Gold over the last four years,” said Greg Nobile, Seaview’s co-founder and CEO. “Cat on a Hot Tin Roof will mark our fifth production together, and I am certain Sam’s vision to bring Tennessee’s extraordinary and timeless characters to life next season will once again thrill and delight audiences.”
Naomi Ackie (Sorry Baby, Mickey 17) and Alison Oliver (Wuthering Heights, Saltburn) have just wrapped on Luna Carmoon’s sophomore feature To Make Ends Meat.
Also starring Éanna Hardwicke (Saipan, The Sixth Commandment) and Armande Boulanger (The Returned, Eiffel), the film follows three women — all in debt to despicable men, their pasts and each other — who find themselves bargaining to survive in the only language these men seem to understand: consumption and violence. Goodfellas is handling international sales and will launch the film at Cannes, with True Brit nabbing U.K. and Ireland distribution rights.
To Make Ends Meat is the British director-writer’s second film, shot in her hometown of London — her debut Hoard premiered at Venice Critics’ Week in 2023 where it won three prizes. The movie went on to receive international distribution and landed Carmoon a BAFTA nomination for outstanding debut in 2025.
“This film has come from the belly of my soul, of all things, tar and family,” said Carmoon. “From my grandmother’s experiences in Newington Lodge, to my mother Toni and the cleaning houses she took me to where darker things lingered, to teddies and chicken farms. So much of my family and our memories seep deeper than you’d think. I cannot think of a more prevalent time than now to paint and stitch and weave to screen, it is my rage that has fuelled this. The weatherings of being a woman and how you are cannibalised by systems, by men, women and then by debts we sometimes write ourselves into because we believe we deserve it so.
“This has been made with all my blood, figuratively and yes, physically, of all of me. I hope I know it will rupture, splinter and cry to us all when it is stitched together.”
To Make Ends Meat reunites her with Hoard producers Helen Simmons (Erebus Pictures) and Loran Dunn (Delaval Film) with Cheri Darbon and Chloe Culpin as co-producers. Hélène Louvart (La Chimera, Rocks) serves as DP.
Financing comes from BBC Film, BFI (awarding National Lottery funding), True Brit, Goodfellas, Mother, ProdCo, Arts Alliance, Affine Films, Cofiloisirs and Blush Film.
Almost exactly a year ago, Kleber Mendonça Filho, Wagner Moura and the large cast and crew behind “The Secret Agent” turned the famed Cannes Film Festival red carpet into an impromptu carnaval parade courtesy of renowned Pernambuco frevo group Guerreiros do Passo. That homage to the rich culture of Pernambuco mirrored the four-time Oscar-nominated film’s ode to the state capital of Recife, which, thanks to Mendonça Filho and other major exponents such as Gabriel Mascaro and Marcelo Gomes, plus a talented — and hungry — new generation, has solidified itself as a hotpot of film talent in Brazil.
Speaking at the opening of the Projeto Paradiso Talent Network National Meeting, held this year in Recife, the Secretary of Culture of Pernambuco, Cacau de Paula, said the state of Pernambuco is a “direct part” of Brazil’s historical film momentum over the last two years. “Our cinema is over a century old and so rich. We had a historical year with ‘The Blue Trail’ and ‘The Secret Agent,’ it’s a great moment from cinema from Pernambuco and a great opportunity to share our landscapes, our creativity, our people, our way of speaking with the world.”
At the end of March, Recife held the National Meeting for Regional Audiovisual Incentives, organized by Brazil’s national setorial fund (FSA). Key industry figures from across the country gathered at the imposing São Luiz Cinema, which can be seen at length in “The Secret Agent,” to sign 41 terms of cooperation between federal, state and local governments. Pernambuco was granted R$24,6 million ($5 milion), with R$20 million ($4 million) coming from the federal government through the FSA and the remainder from the state through Adepe.
Projeto Paradiso Talent Network National Meeting 2026, courtesy of Juana Carvalho
“We from the government of Pernambuco are immensely proud of our cinema and renewed public incentive policies,” she added. “We are witnessing a rich period following the Paulo Gustavo Law, regional incentives, and with more to come soon. Culture Minister Margareth Menezes was [in Recife] recently to launch regional incentives, a key initiative during such a rich moment for Brazilian cinema, where we are successfully uniting creativity and public support to generate new opportunities. To see all of you here is to see the future we want for our cinema. We are seeing the cinema of tomorrow, respecting our past and our traditions.”
Cinema from Pernambuco, and Recife specifically, has a long, century-old tradition. In the 1920s, the Recife Cycle (Ciclo do Recife) was a pioneering movement in silent cinema and one of the most productive crops of the century in the country, producing 13 features in 8 years. Towards the end of the ’90s the early 2000s, Recife housed another crucial film movement, with seminal films such as Lírio Ferreira and Paulo Caldas’s “Perfumed Ball” (1996), Marcelo Gomes’s “Cinema, Aspirins and Vultures” (2005) and Marcelo Gomes and Karim Aïnouz’s “I Travel Because I Have to, I Come Back Because I Love You” (2009).
The next generation was already impacted by the introduction of regional film funds towards the end of 2007. Between 2007 and 2011, cinema from Pernambuco saw investment increase by more than 500%, rising from R$2,1 million ($450,000) to R$11,5 million ($2.3 million), which tripled the number of local producers. Films released right after this jump include Mendonça Filho’s fiction feature debut “Neighboring Sounds” and Gabriel Mascaro’s “August Winds.”
Now, Mascaro and Mendonça, just off the back of major international successes with “The Secret Agent” and “The Blue Trail,” are in their very own moment of passing the torch to the next generation of filmmakers.
Courtesy of Guillermo Garza/Desvia
“Kleber’s arrival at the Oscars, as well as Gabriel’s trajectory over the last year, are very good thermometers of how the international market perceives our output, and it helps boost other local filmmakers,” says producer Thaís Vidal, of Filmes do Atlântico. Vidal is currently in post-production on “Paraíso de Mujeres,” by Argentinian director Karina Flomenbaum in co-production with Nevada Cine, and financing for “Amazon Dream,” by Andrew Sala. She’s also working on her directorial debut, “Absence Sensor,” a Brazil-France co-production with Socle, Vitrine Filmes, Moçambique and Filmes do Atlântico.
Legendary Recife producer João Vieira Jr. of Carnaval Filmes tells Variety that his home city is “bearing the fruits of decades of collective work.” “We were a generation that decided, at the end of the ’90s, that it was possible to make quality cinema in Recife without asking for permission from the Rio-São Paulo axis. ‘Perfumed Ball’ opened that door, then ‘Cinema, Aspirins and Vultures’ went to Cannes and ‘I Travel Because I Have to, I Come Back Because I Love You’ went to Venice.”
“Each of these steps proved that cinema from Pernambuco is not a regional phenomenon; it is a cinema with its own language that can be in dialogue with the world. What we are experiencing today is the consolidation of a work that has been conducted for a long time,” adds Vieira Jr., who is currently in post-production with “Correnteza” (“River Flow”) written by Wislan Esmeraldo, screenwriter of “Motel Destino,” and Hilton Lacerda (“Tattoo”), and about to wrap shooting for “Madrugada,” by Armando Praça (“Greta”), which was shot entirely at night in the Recife city centre.
When talking to local filmmakers, one unanimous sentiment is pride over the sense of community built by the industry in Recife. At the beginning of the century, the sense of isolation from the industry hub of the Southeast, plus the lack of structured funding opportunities, led producers, directors and writers to band together to get films made. Two decades later, the Bolsonaro government, followed by the pandemic, replicated this need for a strong union to a younger generation.
“We had collectives and, with them, possibilities of working on each other’s films, wearing different hats, exchanging feedback… At that time, scarcity acted as a driving force for collaboration,” says Emilie Lesclaux, the French producer based in Recife who landed a historic best picture Oscar nomination for “The Secret Agent” earlier this year.
“When I shot my first feature 22 years ago, we did not have a film school,” echoes veteran Marcelo Gomes. “Only two or three feature films had been made in Recife in a period of 30 years. So we brought in heads of departments from other states, but we made a point of taking in several interns and paying it forward. Several people who worked on our sets went on to make films of their own, like Gabriel Mascaro, Juliano Dornelles and Pedro Sotero.”
“Cinema, Aspirins and Vultures”
“Pernambuco was the first state in Brazil to open a public call for projects, and that was only because we were very united as artists and we pressured the government,” he emphasizes. “This allowed us to build a very tight creative network, built upon a sense of solidarity. In Rio, things are very fragmented; the city is much bigger.”
Mendonca Filho says something similar, remarking that when he was making “Neighboring Sounds” he was “pressured to hire a big name as a cinematographer” but chose newcomer and friend Pedro Sotero. “Today, he is one of the great Brazilian cinematographers. These decisions are technical, but also affectionate.”
The Golden Globe-winning filmmaker remarks how, just last week, five creatives from Pernambuco were awarded Platino Awards for their work in “The Secret Agent”: Tomaz Alves Souza and Mateus Alves for original score, Thales Junqueira for production design and Eduardo Serrano and Matheus Faria for editing. “It only reiterates the notion that you can make great cinema in Recife. It’s crazy that it would even be up for discussion in 2026.”
Writer-director Karkará Tunga, who is currently working on his directorial feature debut “Batoki: Noite Sem Lua,” recalls being part of the inaugural class of graduates from Recife’s first film school, another watershed moment for the city’s film community. “When I arrived in Pernambuco and saw the level of public funding available, I understood it was possible to make films here,” points out the creative, whose family is from Pernambuco but was raised in São Paulo, a reality faced by many second-generation filmmakers born in families who’ve left the Northeast for the Southeast in the ’80s and ’90s.
“We are still a way to go when it comes to Indigenous and Black filmmakers accessing these resources, but there is a sense of possibility,” adds Tunga. “I was part of the first class of students to graduate from the local film school, and I could see a much more diverse group of filmmakers coming right after me. The film school generation challenged this hegemony to create a strong sense of community and nurture the desire to build a new cinema. One that feels much more concrete today than six years ago, when the Bolsonaro government decimated our public structures.”
Despite all the many positives, like everywhere else in the world, there are still challenges plaguing the local industry. “Our disadvantages are structural,” says Vieira Jr. “We are far away from the financing hubs, lack quality screening rooms away from the capital cities, and heavily depend on federal financing open calls directly tied to the unsteady rhythms of Brazil’s cultural policies. We’ve learnt to be resilient, but we deserve more, and we know how to ask for it.”
“I also hope we as artists continue to pressure the government to promote cinema and to cultivate audiences,” echoes Gomes. “We need fresh audiences, we need films made in Recife to be seen across Brazil.”
Producer Wandryu Figueredo do Nascimento, who is currently working on “Ontem Foi Dia 22 de Junho,” points out that Recife needs more training centers and development opportunities. “Our neighboring state of Ceará has incredible labs, workshops, and established training programs for writers,” continues the producer. “We only have the film school and film festivals to rely on. The Ceará Film Commission is also way ahead of our newly inaugurated Recife Film Commission, but we are hopeful it’ll get there.”
“For something like [‘The Secret Agent’] to happen again, we need a local policy to build bridges between local production companies and the international market, promoting the participation of Pernambuco producers at big co-production platforms,” remarks Vieira Jr. “It is not enough to make extraordinary films, we need producers to have a seat at tables where decisions are made.”
W3.io, an operating system for autonomous finance, and Space and Time, a data blockchain platform, have joined forces to deliver a verifiable infrastructure designed for autonomous financial workflows, now running in production with over 200,000 workflows processed daily.
The partnership addresses the accountability gap that opens up when AI agents make financial decisions faster than any human can track them.
“You need a database that is built for accountability. Full stop,” Porter Stowell, chief executive of W3.io, said in a statement. “When AI agents are moving real money across multiple vendors, the question is not whether you have a workflow. The question is whether you can prove what happened. That is what this partnership delivers.”
W3.io focuses on orchestrating and verifying financial workflows created and executed by AI agents. Meanwhile, Space and Time secures the data layer using blockchain technology, ensuring that all stored records remain accurate and resistant to tampering.
The result is a two-layer verification architecture that tracks both execution and data. This creates a continuous, tamper-proof record from the initial workflow step through to final settlement, giving enterprises a reliable audit trail.
According to Nate Holiday, co-founder of Space and Time, companies are unlikely to trust AI systems with real financial transactions unless there is a complete and defensible audit trail for every action taken.
He suggested that this requirement for verifiable accountability will become the key factor separating widely adopted agentic finance platforms from those that fail to move beyond pilot programs.
The system has been validated through its use in Creatorland, a platform supporting over 100,000 creators. It processes large volumes of transactions such as payments and compensation, showing that the infrastructure can handle real-world demands.
Before bludgeoning his latest victim’s head and sawing apart her body, octogenarian serial killer Harvey Marcelin became so fixated on the victim that he created multiple Facebook accounts, all with the woman’s photo as his profile photo, prosecutors allege.
Sitting in a wheelchair, dressed in a black jacket, pants and a white shirt, Marcelin, 87, sat at the defense table in Brooklyn Supreme Court Monday, on trial for the gruesome murder of Susan Leyden, whose headless and limbless torso was discovered on a Brooklyn street in 2022.
“On Feb.27, 2022, Susan Leyden went over to the defendant’s apartment at 50 Pennsylvania Ave., carrying her grey and black rolling bag with her, there to see her friend,” Assistant D.A. Viviane Dussek told jurors in her opening argument Monday.
“Susan Leyden walked into that building not knowing she would never walk out again.”
Marcelin wound up using that very bag to dispose of Leyden’s torso, Dussek said.
Victim Susan Leyden.
After buying a reciprocal saw from a Manhattan Home Depot, he started, “cutting through skin, cutting through flesh, through tissue, through bones. So many bones. So many cuts,” Dussek said. “He packages Susan’s body up in plastic bags.”
Leyden, 68, was down on her luck — she lost her jewelry business, became estranged from her daughter and at some point ended up in a homeless shelter, Dussek said, but added that before the killing, “She started getting back on her feet, started getting back on track.”
Marcelin, who has identified as both male and female over the years, has already served time for fatally shooting one girlfriend in early 1963, then stabbing another to death on Oct. 30, 1985.
Before the trial began, Marcelin insisted he be referred to as Harvey, then clarified, “Well, Mr. Harvey, if you don’t mind.”
The jury won’t hear about the 1963 case, how Marcelin, was found guilty of shooting girlfriend Jacquieline Bonds in the hallway of an Harlem apartment, then chased her into a bedroom and shot her again. Judge Danny Chun ruled last week that the killing happened so long ago that it would serve only to prejudice the jury against Marcelin.
April 28, 2022: Dismember suspect vowed to behave
Front page for April 28, 2022 New York Daily News
Prosecutors will be allowed to bring up the 1985 killing only if Marcelin takes the stand in his own defense, Chun said. Marcelin, who pleaded guilty to manslaughter, stabbed Anna Laura Serrera Miranda to death in their apartment, a year after being released on lifetime parole in the 1963 case, then brought down the body in a bloody garbage bag shoved into a shopping cart.
At a June 25, 2019 parole hearing, Marcelin vowed, “I give you my word, I will never re-offend.”
A gruesome discovery in the wee hours of March 3, 2022, proved that vow to be a lie, as prosecutors tell it.
At about 12:30 a.m., e-bike rider Ramon Lopez spotted a grey and black rolling bag near the corner of Pennsylvania Ave. and Atlantic Ave. in East New York, not far from Marcelin’s home.
Lopez stopped to have a look, and what he saw made him jump back, he testified. It looked like a torso.
“I saw kind of like the shoulder and one of the breasts and the neck. Chopped off, no head,” he told jurors. “I jumped back, scared, shocked, and called 911. When they got there, they were also surprised.”
Assignment – DISMEMBER
The leg of victim Susan Leyden (not pictured) was captured on surveillance video when her accused killer Harvey Marcelin stood up from the wheelchair while inside the store.
The jury saw photos and video of the scene, including one gory top-down photo. One juror took a deep breath, rubbed her chest and took a swig of water after seeing the picture.
Police reviewed video from the scene and determined Marcelin left the bag, and when they checked his apartment, he answered the door, wearing the same tan pants and brown boots from the video, Dussek told jurors.
He had a Home Depot receipt in his pocket, and more video showed he was wearing the same outfit when he bought the saw and saw blades, the prosecutor said.
Cops searched the apartment, and found black plastic garbage bags tied up, with Leyden’s thighs, hand, arm and head inside, Dussek said. Marcelin also stuffed part of the victim’s left leg into his electric wheelchair and went shopping before disposing of the limb, prosecutors allege.
The victim’s right leg, left arm and left hand were never recovered, Dussek said.
Harvey Marcelin
Prosecutor allege that another woman, Lisa Lindahl, who was homeless and had a heroin and crack habit, visited Marcelin to do drugs in the apartment, and walked in on a crime scene. Lindahl is expected to testify for the prosecution.
“She’ll tell you that the apartment was dark when she arrived. It smelled of urine. It was disgusting,” Dussek said. “That’s when lisa made the next horrifying discovery. On the floor was.a body, a dead body, Susan Leyden’s body, with her head covered up. She was scared. She was scared, she was high. She didn’t know what to do.”
Marcelin’s lawyer, Alison Stocking, suggested Lindahl could be responsible for the killing, challenging the prosecution’s notion that the killing clearly happened before she arrived.
They want you to narrow your consideration of the timing of Susan Leyden’s death in a way that works better for their theory of prosecution” Stocking said, adding that Lindahl’s DNA was never tested against DNA found on a hammer, or found under Leyden’s fingernails.
Stiocking said Lindahl told police and a grand jury “the lies that were enough to get her out” of trouble after the murder.
“Of course she lied, she was desperate, and now instead of being charged with murder, Lisa Lindahl is the prosecution’s star witness against Mr. Harvey,” the defense lawyer said.
“Your task here is not to decide who is more likely the perpetrator, Mr. Harvey or Lisa Lindahl,” Stocking said. “If there’s reasonable doubt about who killed Susan Leyden, then you must find Mr. Harvey not guilty.”
New York Assembly member Alex Bores has proposed an “AI Dividend” tied to AI-driven job displacement.
Payments would activate if indicators show falling labor participation or rising productivity without job growth.
The policy however does not mention how much each American would receive or how often.
As industry experts continue to warn that artificial intelligence could disrupt the global labor market, Alex Bores, a Democratic member of the New York State Assembly who is running for the U.S. Congress, has proposed an “AI Dividend”—a policy that would provide payments to Americans if the technology significantly reduces employment.
Bores announced the AI Dividend on Monday in a post on X. The proposal would create a contingency payment program tied to economic signals that suggest automation is displacing workers.
“CEOs are openly warning that AI will significantly reduce white-collar employment,” the policy said. “Forecasters project that 50% of jobs could be automated in the coming years, with entry-level positions especially vulnerable.”
According to the AI Dividend framework, triggers for payments include sustained declines in labor force participation, wage compression in affected sectors, or rapid increases in AI-driven productivity without corresponding job growth.” If the triggers are met, then the program would distribute direct payments to Americans while also funding workforce transition programs, educational initiatives, and government oversight initiatives.
While the framework aims to ensure the AI dividend activates based on real-world conditions, not political discretion, it does not mention how much money each eligible American will receive or the frequency at which payments will go out.
The policy comes as developers of major AI tools, including OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, Microsoft AI CEO Mustafa Suleyman, and Tesla and xAI CEO Elon Musk, warn that the technology could eliminate large numbers of jobs and automate significant portions of human work.
“What is striking to me about this AI boom is that it’s bigger, it’s broader, and it’s moving faster than anything has before,” Amodei told CNN last summer. “Compared to previous technology changes, I’m a little bit more worried about the labor impact, simply because it’s happening so fast that, yes, people will adapt, but they may not adapt fast enough.”
Today, I’m proud to announce the AI Dividend, my plan to prepare for the AI economy with direct payments to Americans funded by tax reform that simultaneously incentivizes hiring humans instead of AI.
The document frames the proposal as preparation for that possibility rather than as a direct response to current economic conditions.
“No one knows exactly how this will play out,” the policy said. “But what we do know is this: if AI replaces a significant share of human labor, our current economic system is not prepared.”
Funding mechanisms in the AI dividend framework include a tax on AI usage measured in tokens, equity warrants that would allow the federal government to purchase shares in major AI companies if their value rises significantly, and tax reforms that address incentives favoring capital investment over wages.
Bores’ framework argues that designing policies that protect human workers before large-scale disruption occurs may be easier than attempting to redistribute economic gains later.
“The AI Dividend is only possible if we act now. Once a small number of companies have accumulated extraordinary wealth and displaced workers across the economy, the political and practical window for creative policy closes,” it reads. “Demanding stakes in companies after they have already captured the value is far harder than building smart structures today, while the technology is still taking shape.”
The office of Assemblymember Bores did not immediately respond to a request for comment by Decrypt.
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