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NY lawmaker proposes ‘AI dividend’ to address potential job losses

NY lawmaker proposes ‘AI dividend’ to address potential job losses

The proposed AI dividend would be funded by taxes on AI use and equity stakes in AI companies, paying US citizens if automation meaningfully displaces workers.

A New York state assemblymember and congressional candidate has proposed an artificial intelligence dividend program for US citizens to address potential job losses stemming from advances in AI technology.

In an X post on Sunday, New York lawmaker Alex Bores outlined a plan to prepare the US and its citizens for the "potential large-scale displacement of human labor by artificial intelligence."

"Today, I'm proud to announce the AI Dividend, my plan to prepare for the AI economy with direct payments to Americans funded by tax reform that simultaneously incentivizes hiring humans instead of AI," he said.

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Source: Cointelegraph →