AI leaders are openly acknowledging that widespread adoption could displace workers even as it boosts corporate profits. OpenAI outlined policy ideas—from a new industrial policy and shifting the tax base toward capital income to expanding access to health and retirement benefits—arguing that AI will tilt value creation away from labor and erode payroll-tax revenues. JPMorgan CEO Jamie Dimon, in his annual shareholder letter, urged measures such as retraining, income assistance, relocation support, and doubling the Earned Income Tax Credit to cushion affected workers. The proposals face long odds in a politically divided Washington, but executives warn that failing to replace lost income risks undermining consumer spending and the broader economy.
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