Some progressives are floating various plans to spread the wealth of the AI boom in the run-up to the midterm elections this fall, with proposals ranging from taxes on AI tokens to an excise tax on the energy used by data centers. But other stakeholders are urging a more cautious approach, and artificial intelligence companies themselves are seeking to weigh in.
Sen. Elizabeth Warren, D-Mass., proposed an excise tax on data center energy usage in a Time op-ed column last month, where she also pitched wealth tax and corporate minimum tax proposals as ways to address the economic disparities caused by AI.
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