Oracle co-founder Larry Ellison proposes robot tax as AI threatens traditional jobs
- Oracle co-founder Larry Ellison believes taxing robot value could pave the way for universal high income.
- Ellison stated America is heading in the right direction with AI, despite expected labor disruptions.
- He highlighted autonomous transportation as an impact area, predicting robots will replace ride-sharing drivers.
- He proposed taxing value created by robots rather than human labor to support future public income systems.
Source: timesofindia.indiatimes.com
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