Microsoft co-founder Bill Gates has warned that AI will transform the world more profoundly than previous technologies, forcing societies to decide how to tax AI usage and which jobs should remain reserved for humans. He highlighted concerns over AI-driven job displacement, cybersecurity risks, and the need for government regulation.
Chief Minister A Revanth Reddy’s proposal to tax Artificial Intelligence firms through a ‘people credits’ mechanism to compensate for job losses has sparked concern among industry experts, who warn the idea could deter technology investments in Telangana
