Bill Gates urges tech firms to address AI risks in new essay, proposes ‘token tax’ on AI usage

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Bill Gates published a 6,000-word essay on August 26 warning about the risks of unregulated artificial intelligence. He identifies three core threats: massive structural job displacement, malicious use of AI for cyberattacks and deepfakes, and psychosocial damage, particularly affecting children. His most provocative proposal is a token tax on AI usage to slow automation and fund worker retraining. Gates also calls for new national regulatory bodies and an international AI organization modeled after the International Atomic Energy Agency. The essay marks a significant shift from his more optimistic stance on AI in 2023.

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