Politics · Germany · 1 hr ago

German digital minister proposes taxing AI revenue to fund job transition

German digital minister proposes taxing AI revenue to fund job transition

Germany’s digital minister Karsten Wildberger wants to tax AI revenue earned in the country.

He says the money could help pay for changes to the labour market as artificial intelligence reshapes work.

Wildberger expects long-term employment to grow in different jobs from those people do today.

He says workers will need retraining and support to move into new roles, including in trades and care work.

Taxing AI revenue would help fund that transition, in his view.

Microsoft founder Bill Gates has also called for taxes on robots and AI, partly to reduce incentives to replace workers with machines.

Wildberger has proposed the tax, but no next steps are given.

What people are saying

Karsten WildbergerGerman digital minister
We must tax the extremely high revenue from this technology, and with that money we can finance the transformation; that is also my approach.
via Spiegel
If growth and value creation happen here, taxes must also be paid here.
via cash.ch

Sources

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