Three Democratic House lawmakers unveiled legislation Thursday to tax artificial intelligence companies and use the proceeds to fund a jobs program aimed at offsetting AI’s impact on workers, marking one of Congress’ most ambitious efforts yet to redistribute the industry’s gains.
The AI Tax and Work Protection Act, championed by Reps. Greg Casar (Texas), Valerie Foushee (N.C.) and Sara Jacobs (Calif.), would impose a levy on AI developers to fund the program, which is dubbed the Work Protection Administration.
The bill comes amid a growing push from progressive lawmakers on Capitol Hill to tax AI companies. Sen. Bernie Sanders (I-Vt.) introduced a similar bill in June, the American AI Sovereign...
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