AI Wealth Boom Requires New Tax Code

The real question is not if mass underemployment will arrive, but whether governments will have a policy framework ready when it does. As artificial intelligence rapidly automates tasks once performed by humans, the wealth it generates will concentrate among a small group of owners and investors. Without a new tax code designed for this shift, societies risk facing severe inequality and social instability. Policymakers must act now to design a system that redistributes AI-driven profits fairly, ensuring economic stability for those whose jobs are displaced.