AI-Fueled Job Displacement Anxiety Triggers Tax Code Scrutiny

AI-Fueled Job Displacement Anxiety Triggers Tax Code Scrutiny

A visitor at Intel’s Artificial Intelligence Day walks past a signboard during the event in Bangalore, India, on April 4, 2017. Economists sound alarm over tax incentives favoring automation

Republicans push for provision aiding capital investment

Renewed Congressional interest in artificial intelligence’s impact on jobs is spurring new hope that lawmakers will address concerns that the tax code favors automation.Senate Majority Leader Chuck Schumer (D-N.Y.) has scheduled a series of briefings on AI as lawmakers attempt to understand the technology’s developments and capabilities, and find ways to regulate its use.But some economists say the tax code can also serve […]

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