‘When capital can think, who pays?’
Ravi Kumar S, Andreea Roberts and Simone Crymes at Newsweek
In the U.S., AI adoption is “growing at a remarkable pace,” but Americans are “concerned” about “layoffs tied to automation,” say Ravi Kumar S, Andreea Roberts and Simone Crymes. So how should “public policy support” the transition? One answer: a “shift in how automation is taxed relative to human labor.” If capital is “taxed more and labor less, replacing people with AI is no longer the cheapest path,” and using AI to “augment human workers” instead “becomes a more attractive option.”
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