“America’s billionaires are developing their own prescriptions for AI-fueled inequality, anxious to defuse a populist revolt aimed at their ballooning fortunes,” Axios reports.
“The AI boom has dramatically raised the stakes of the wealth-tax debate, unleashing a technology that could wipe out millions of jobs while minting the world’s first trillionaires.”
“Populist politicians, particularly on the left, have cast this as capitalism’s next great reckoning: an even deeper concentration of wealth and power in an economy already rigged for the elite.”
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