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November Budget: "Get AI wrong and the Treasury will engineer its own fiscal collapse"

UK reliance on income tax and National Insurance risks fiscal collapse unless the tax system is redesigned to capture AI-driven wealth and discourage worker replacement.

US politics

fromAxios

1 month ago

Washington's next big debate: what to do about jobs AI eliminates

AI-driven automation could cause widespread white-collar job displacement, prompting proposals for government intervention such as taxes on AI firms and public employment programs.

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#ai-taxation#ai-taxation

November Budget: "Get AI wrong and the Treasury will engineer its own fiscal collapse"

Washington's next big debate: what to do about jobs AI eliminates

#ai-taxation
#ai-taxation