Tom Steyer Wants to Save California From Billionaires. But Also Doesn’t Want Them to Leave

# AI News Summary Tom Steyer, a billionaire running for California governor, is pushing for new taxes on the state's richest residents and stricter AI regulations, but he's also trying to keep Silicon Valley companies from relocating elsewhere—a tricky balancing act that may be impossible to pull off. His plan highlights a real tension many states face: they want to regulate AI and wealthy tech companies, but they're also afraid those companies will just move to friendlier states if rules get too strict. The underlying question for voters is whether you can actually tax and regulate the tech industry aggressively without losing it altogether.