To offset negative externalities imposed on displaced workers from rapid automation, taxes on automation might be considered in this scenario.
... the possibility of using taxes on AI consumption to support workforce development initiatives.
... it could potentially be funded through taxes on AI-driven revenues from firms above a certain high level of market capitalization.
... exploring a "low-rate business wealth tax" as a complement to income taxes.
Low: Invest in upskilling through workforce training grants, Reform tax incentives for worker retention and retraining, Close corporate tax loopholes, Accelerate permits and approvals for AI infrastructure
Moderate: Establish trade adjustment assistance for AI displacement (skill training), Implement taxes on compute or token generation
High: Create national sovereign wealth funds with stakes in AI, Adopt or modernize value-added taxes, Implement new revenue structures to account for AI’s growing share of the economy