New York State Assemblyman Alex Bores has introduced an "AI Dividend" initiative aimed at addressing job displacement caused by artificial intelligence. The proposal, announced on April 20, suggests distributing funds to Americans when AI significantly replaces jobs, alongside investing in vocational training and regulatory capacity. The funding would come from a "token tax" on AI usage, equity returns from AI companies, and tax code reforms to discourage AI-driven job cuts. Bores, a Democratic candidate for New York’s 12th District, emphasizes that this initiative is distinct from universal basic income, as it specifically targets job loss due to AI. The proposal builds on Bores' previous work with the RAISE Act, which focused on AI safety, and reflects a shift in U.S. political discourse from AI regulation to equitable distribution of AI's economic benefits.
New York Assemblyman Proposes AI Dividend to Mitigate Job Loss
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