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Bill Gates argues that governments should tax great wealth to address inequality in an age when AI may deliver substantial gains to the already wealthy. He says philanthropy cannot be relied on as society’s safety net.

Why it matters

In an interview with the Financial Times, Gates also backed taxing billionaires and has proposed taxes on AI tokens and robots. NVIDIA chief executive Jensen Huang has disagreed with the robot-tax idea, while saying there are different ways to contribute through taxation. It is a live policy argument about who should share in AI’s gains, not proof of how much inequality AI will cause.

Discuss: Should governments tax the wealth AI creates, or focus on other ways to spread its benefits?

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