Why We Need to Tax AI

Americans are hanging on by their fingernails in an economy that funnels wealth to the ultra-rich and leaves crumbs for working people. AI threatens to supercharge this divide: tech executives have warned that AI could lead to “a level of wealth concentration that will break society” and create a “permanent underclass.”

I refuse to accept that future. Building an economy that works for all of us will require multiple policy responses. But it starts by acknowledging: it’s time to tax AI and invest in people.

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