'Bill Gates wrong about robot tax': Nvidia CEO Jensen Huang
Nvidia CEO Jensen Huang disagrees with Bill Gates' robot tax proposal. Huang believes AI will create more jobs overall, not fewer. He suggests companies with increased productivity tend to hire more people. Huang sees a future of reindustrialization with demand for skilled labor. This new economic era will create many jobs across various sectors.
Nvidia's Jensen Huang has criticized Microsoft founder Bill Gates' proposal to tax robots and AI tokens. In an interview with Fox Business, Huang stated that his approach to wealth redistribution from the AI boom would be different from Gates'. Gates argues that the current tax system incentivizes companies to replace workers with machines, which could lead to a decline in state revenues due to reduced income tax. However, Huang remains open to taxes but believes the proposal to tax robots and AI is not the right approach.
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