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Comment by Greg Ip

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Chief Economics Commentator at The Wall Street Journal.
Artificial intelligence is starting to change that. More than 1,000 economists, including 17 Nobel laureates, were worried enough to sign an online petition ... warning of “large scale job displacement” from AI and pleading for action. ... [O]ne policy response drawing growing support, at least among economists if not legislators: Stop taxing capital more favorably than labor.
Unverified (Jul 31, 2026)
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Greg Ip, “A Simple Answer to AI Job Loss: Tax Capital, Not Labor,” The Wall Street Journal, July 31, 2026.
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Governments should tax capital, not labor, as AI makes human work less central to the economy
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