{
  "id": 3943772,
  "title": "‘I’m in favor of taxes,’ says Nvidia’s Jensen Huang—but he doesn’t agree with Bill Gates on his plan to slow an AI fallout",
  "url": "https://urgent.news/2026/08/28/im-in-favor-of-taxes-says-nvidias-jensen-huang-but-he-doesnt-agree",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-28T10:23:49.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/08/28/jensen-huang-bill-gates-ai-tax-wealth-society-jobs/"
  },
  "original_language": "en",
  "account": "Nvidia CEO Jensen Huang is supportive of discussions surrounding the distribution of wealth from the AI boom. He has provided high salaries to his executives and his team, and he is amenable to the idea of taxing the wealthy more. However, Huang disagrees with a proposal put forward by Microsoft co-founder Bill Gates, which advocates for taxing robots and AI tokens. Gates shared this proposal in an essay, arguing that robots should be subject to payroll taxes like traditional employees. Gates also posited that with AI potentially taking jobs from humans, governments might need to raise revenue through taxation and reinvest in workforce retraining and social safety nets. Huang, on the other hand, expressed his support for taxation in general but disagreed with the specific approach proposed by Gates. He stated, \"I’m in favor of taxes. And I think that ... for anybody who is productive, it’s a great way for us to contribute back to society and the economy. But the fact of the matter is, there are probably lots of different ways to approach this.\" Gates, an enthusiastic advocate of AI, warned about potential negative implications in his latest op-ed. He expressed concerns over AI's potential impact on child development, criminal behavior, and job losses for younger generations. In contrast, Huang was more optimistic, suggesting that while jobs would change, AI would ultimately be a net job creator. He underscored the importance of addressing job disruptions and supporting those affected. While Gates believes that companies may be encouraged to replace humans with robots due to current tax policies, Huang contested this notion. He argued that historically, increased productivity has led companies to hire more workers, not lay off employees. Huang highlighted that most companies worldwide aspire for growth, and with the AI revolution, the United States could see a resurgence of manufacturing, creating jobs in skilled trades like plumbing and electrical work as data centers sprout across the country.",
  "summary": "\"I love the heck out of Bill ... but I don't see what he sees,\" Huang said.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Nvidia CEO Jensen Huang says risk from growing AI investments remains 'low'",
        "url": "https://urgent.news/2026/08/27/nvidia-ceo-jensen-huang-says-risk-from-growing-ai-investments-remains",
        "published": "2026-08-27T05:52:56.000Z"
      },
      {
        "outlet": "Tom's Hardware",
        "title": "Nvidia revenue tops $96 billion as memory commitments soar to $160 billion — CEO Jensen Huang says AI 'has reached its inflection point'",
        "url": "https://urgent.news/2026/08/27/nvidia-revenue-tops-96-billion-as-memory-commitments-soar-to-160",
        "published": "2026-08-27T09:13:54.000Z"
      },
      {
        "outlet": "Business Insider",
        "title": "Jensen Huang says AI data centers can fix the very grid they’re straining",
        "url": "https://urgent.news/2026/08/27/jensen-huang-says-ai-data-centers-can-fix-the-very-grid-theyre",
        "published": "2026-08-27T17:19:33.000Z"
      },
      {
        "outlet": "Times of India",
        "title": "Nvidia CEO Jensen Huang to AI bubble critics: ‘You are missing the point’",
        "url": "https://urgent.news/2026/08/28/nvidia-ceo-jensen-huang-to-ai-bubble-critics-you-are-missing-the-point",
        "published": "2026-08-28T10:50:26.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}