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Larry Ellison proposes taxing robots to support universal income Technology

Larry Ellison proposes taxing robots to support universal income

Short2News· 2h ago ·1 reads

Oracle co-founder Larry Ellison argues that AI-driven automation will significantly boost economic productivity. He suggests implementing a tax on the value generated by robots to replace traditional labor taxes. This policy could fund a universal high income for citizens, potentially offsetting job displacement caused by the rapid advancement of artificial intelligence technologies.

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