Hysteria over the potential consequences of AI has led Democratic lawmakers to propose another tax on the industry.
On Thursday, Rep. Greg Casar (D–Texas) introduced the AI Tax and Work Protection Act, which would impose a federal excise tax on major AI firms to establish and fund a federal jobs program. Casar previewed the idea in a May op-ed for The American Prospect, where he wrote that "an AI tax should target the companies that stand to make billions of dollars by laying people off."
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