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Raghuram Rajan pitches AI tax idea for govt coffers amid ‘jobocalypse’ fears

  • Posted on August 20, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
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Raghuram Rajan pitches AI tax idea for govt coffers amid ‘jobocalypse’ fears
Raghuram Rajan pitches AI tax idea for govt coffers amid ‘jobocalypse’ fears

Raghuram Rajan proposes taxing artificial intelligence usage by corporations. This tax aims to offset the financial advantage machines currently hold. Companies would also receive incentives for retraining and retaining their employees. AI adoption is expected to increase due to competitive pressures over time. The focus remains on managing the transition and supporting affected workers.
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Business News Today

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