AI labor displacement and proposals for higher capital gains taxes
The Information describes Vinod Khosla’s warning of 30% to 50% underemployment or unemployment by 2035 to 2040, alongside his proposal to raise capital gains taxes.
TLDR
The Information says Vinod Khosla expects AI to do 64% of today’s human labor. In his op-ed, he warns of 30% to 50% underemployment or unemployment by 2035 to 2040. His proposed response includes higher taxes on capital gains and, if displacement is severe, a tax on AI compute.
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