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IMF boss warns on AI ‘tax erosion’ if jobs are wiped out
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IMF boss warns on AI ‘tax erosion’ if jobs are wiped out
The head of the International Monetary Fund has warned financial ministers that widespread AI adoption could erode tax bases across the world as incomes are squeezed by the technology. Kristalina Georgieva, the managing director of the IMF, said governments may be ill-prepared for a potential slump in tax revenue brought on by AI’s impact on [...]
15 Oct, 22:00
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