Make AI pay for the jobs it takes from people
By William J. Arnone
Published on April 10, 2026.
Many are concerned about the potential threat of artificial intelligence (AI) which could threaten the economic security of current and future workers. According to the Brookings Institution, approximately 25% of U.S. employment will experience high exposure to automation of 70% or greater by 2030. As tech companies have accelerated AI investments, many have begun cutting many jobs due to the increasing use of automated technologies in the workplace. One solution is to create the Federal Artificial Intelligence Contributions Act (FAICA), a complement to the Federal Insurance Contributions Act, which is currently largely funded by FICA. FAICA revenues could be transferred to the Social Security Trust Funds through employers' mechanism. However, critics argue that these measures will not be enough to help those who are left unemployed or living in poverty.
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