Post by Augustine Chiagozie (@pabloexchange)

🧠Bloomberg says AI's biggest threat is destroying income tax revenue - not robot uprising

OECD countries could see 15-28% drop in tax revenues over 10 years as high-salary jobs disappear. Solutions being considered: automation tax, compute tax, higher capital taxes and AI dividends

Governments built entire economies on taxing human labor - now the labor is leaving😐

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