Elizabeth Warren Demands AI Legislation Include Tax: BGOV Tax

Top Senator Calls for Taxing Data Centers

Sen. Elizabeth Warren (D-Mass.) argues in a new TIME op-ed that policymakers must regulate AI against threats like cyberattacks, control energy demands to protect utility bills, and scrutinize private credit financing AI deals. She also insists that any comprehensive response must address what she calls America’s “rigged tax code.”

The Senate Finance Committee member contends that while AI holds promise, it threatens to deepen wealth inequality in an economy already favoring the ultra-rich, with tech executives warning it could create a “permanent underclass.”

If AI does eliminate millions of jobs, revenue is needed ...