Why we need to tax AI
May 29
1 min read

TIME — AI holds tremendous promise. At the same time, Americans are rightly concerned that AI could further rig our economy. The technology is creating dozens of tech billionaires, while companies are laying off workers in the name of AI.
Meanwhile, AI data centers are jacking up utility bills; for families living near large data centers, electricity costs have skyrocketed by as much as 267% over the past five years. It’s no surprise that Americans are showing up at town meetings to protest data centers and communities across the country.
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