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OpenAI Proposes Wealth Fund, Robot Taxes for AI Era

On Monday, OpenAI released policy recommendations described as "initial ideas" to address AI-driven economic disruption, including a public wealth fund, taxes on automated labor, and incentives for a four-day workweek.
These suggestions arrive as fears grow over AI-driven job losses, with recent software industry layoffs at Block and Atlassian occurring during a market shift some analysts call a "SaaSpolcalypse."
The policy document also recommends expanding the electricity grid and strengthening the Social Security and Medicaid safety net, including temporary measures like expanded unemployment benefits.
OpenAI CEO Sam Altman supports Universal Basic Income and a "Universal Basic Compute" model, while Anthropic CEO Dario Amodei wrote that the economy "will no longer make sense."
Framing the transition as a "New Deal-like" overhaul of the social contract, the company emphasizes navigating the shift through a democratic process that gives people power to shape the future.

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