The Unwelcome Guest: Can Congress Tame the Job Killing Beast of AI? The specter of mass unemployment looms over us once more, courtesy of the relentless march of artificial intelligence.
A new bill proposes to tax major AI companies, with rates rising as unemployment climbs, in a bid to redistribute some of the massive wealth generated by AI back to workers and society.
Representatives Sara Jacobs, Greg Casar, and Valerie Foushee's proposal is not just about taxing tech giants; it's an acknowledgment that AI has become an economic force that can no longer be ignored.