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Who Will Cover AI Taxes

Who Will Cover AI Taxes

The article addresses the fears and challenges posed by artificial intelligence to government funding sources. It predicts that AI technologies will lead to a reduction in traditional jobs and a decline in tax revenues from human labor. Some political figures, such as former U.S. President Donald Trump and Senator Bernie Sanders, suggest ideas for distributing the gains of technology to the public, such as sharing profits or imposing taxes on AI companies. The proposals also include taxing the use of AI or data centers, aiming to slow down the pace of change and allow the labor markets to adjust, while discussing how to distribute the benefits amid a transformation of the tax system.

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