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AI News from ET - AI could automate 80% of jobs, urges major tax reform: Vinod Khosla

Vishwadeep Khatri
in AI News & Two Lenses

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Silicon Valley investor Vinod Khosla predicts AI will soon perform 80% of human economic work, with gains primarily benefiting investors. He proposes eliminating preferential capital gains tax rates after 2028, taxing them as ordinary income to fund displaced workers and lower taxes for those earning under $75,000. Khosla also suggests taxing AI-driven productivity to further support these initiatives.

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