Billionaire Says AI Job Slaughter Means We Should Tax Robots, Not Humans
KEY POINTS
- •On February 16, 2026, Vinod Khosla suggested AI could eliminate jobs to the extent income taxes for 125 million Americans could be scrapped.
- •He proposed taxing capital gains and assets heavily instead, targeting stocks and real estate as labor’s share in the economy declines.
- •Khosla described tax breaks like borrowing against unrealized gains as 'true abuse' and called for a rethink of capitalism amid AI’s rise.
Vinod Khosla, the billionaire VC who co-founded Sun Microsystems and bet early on OpenAI, tweeted on February 16, 2026 that AI will hammer the labor market so hard it could wipe out income taxes for 125 million Americans, funded by jacking up capital gains taxes on stock bros and real estate moguls. He called existing tax breaks like borrowing against unrealized gains 'true abuse' and 'special interest goodies'—which sounds like Congress crammed lobbyists into a blender. Meanwhile, Khosla echoed Elon Musk's 2025 dream of making work 'optional' and money 'irrelevant,' suggesting universal basic income might soon be a government pink slip for millions of truck drivers and therapists displaced by chatbot overlords. But cautionary voices, such as Michael Burry of 'The Big Short' fame, warn the AI boom might just be tech bubble inflation with microchips and data centers set to turn obsolete faster than your last iPhone.
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Source: Businessinsider | Published: 2/17/2026 | Author: Theron Mohamed