A New Idea Is Gaining Ground: Tax AI Computing Power to Offset Job Losses  | PYMNTS.com

The Wall Street Journal reports that a growing number of economists, investors and policy advocates are taking a serious look at what is being called a “compute tax,” a levy on the processing power used to train and run AI systems. The idea has picked up steam in recent months as concerns about AI-driven job displacement have intensified.

“Half a year ago, it was something you would hear about only in very select circles,” Anton Korinek, an economics professor on leave from the University of Virginia Darden School of Business, told the Journal. “It really has become much more…