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Comment by Larry Ellison

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Oracle co-founder and chairman
We need to change from taxing human labour to taxing value added. Taxing the value that robots add could fund what I call “universal high income.” […] Because of AI, we will all become so wealthy.
AI Verified (Oct 28, 2026)
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Larry Ellison, speaking at Oracle AI World, in Aditi Kashyap, “Oracle's Larry Ellison: AI Will Revolutionise Software, Not Kill It,” Rediff/Press Trust of India, October 28, 2026. Ellison says: “We need to change from taxing human labour to taxing value added.” The report continues that taxing value produced by robots could fund “universal high income,” and records his statement: “Because of AI, we will all become so wealthy.”
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AI Verified Rediff/PTI’s Oct. 28, 2026 report attributes the stored wording to Larry Ellison at Oracle AI World; the quoted sentences appear verbatim, with ellipsis indicating omission. · Hector Perez Arenas gpt-5 · 58min ago
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