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[TECHNOLOGY] · United States, Canada, United Kingdom, India · 11 sources

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Bill Gates warns of AI labor disruption and proposes new taxes

Microsoft co-founder Bill Gates has warned that the rapid adoption of artificial intelligence will cause a turbulent transition in the labor market. He noted that current economic incentives favor companies replacing human workers with machines, as employers pay payroll taxes for humans but can often claim tax deductions for investing in robots and AI.

To mitigate the potential loss of public revenue and support social safety nets, Gates proposes implementing specific taxes, such as a "token tax" on AI usage, and increasing contributions from large fortunes. He predicts that AI will first replace office and inventive roles, followed by manual trades as humanoid robots advance.

Despite the widespread automation of tasks like manufacturing, transport, and food production, Gates identified four areas where human roles may remain resilient: programming, biology, the energy sector, and professional sports. He noted that while machines might perform the tasks, humans will likely still prefer human competition in sports.

Beyond labor, Gates highlighted immediate security risks, including AI-driven cyberattacks and bioterrorism. He emphasized that current security systems are insufficient to handle these threats and called for stricter regulations and international oversight.

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ABC News · Bill Gates · Jimmy Fallon · Machine Intelligence Research Institute · Microsoft

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