AIJobs
Raghuram Rajan pitches tax credits as an antidote to AI job losses
CNBC TV18Aug 19
Governments could consider a tax credit for additional training provided to workers as artificial intelligence reshapes jobs, economist Raghuram Rajan has said, arguing that retraining and worker retention will be important to minimise the effects of AI-related displacement.
Under Rajan's proposal, governments could consider a tax credit for additional training provided to workers, with one-third of the value usable each year a worker retains employment. By Navneet Singh Economist Raghuram Rajan has suggested that govern... [4057 chars]