Michael Barr

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Federal Reserve Governor; former U.S. Treasury Assistant Secretary for Financial Institutions; law professor at the University of Michigan

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Location: United States

ai (2) × economics (2) impact-on-labor (2) policy (2) ai-policy (1) ai-regulation (1) future-of-work (1) labor-rights (1)

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Governments should tax capital, not labor, as AI makes human work less central to the economy

Michael Barr votes For and says:

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With a vastly more productive economy, but much less demand for labor, society would have to rethink the social safety net to ensure that the gains from unprecedented economic growth are shared rather than concentrated among a small group of capital ... more Unverified source (2026)

added 1h ago
AI will create more jobs than it destroys

Michael Barr votes Against and says:

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We should be clear-eyed about how painful these changes could be for affected workers and how challenging it would be for the government and the private sector to successfully manage the fallout. [...] AI-centric start-ups with radically new business... more Unverified source (2026)

added 16h ago