IMF proposes taxes on excess profits and a green levy for AI's impact on jobs and environment.
IMF suggests governments consider fiscal policies like taxes on excess profits and a green levy to address AI's impact on jobs and environment. The international lender of last resort emphasizes the need for policies that broaden the financial gains from AI technology and mitigate negative effects, such as job losses and wealth inequality. The IMF also proposes a carbon tax to account for the environmental impact of operating AI servers.
June 17, 2024
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