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Greg Casar: “If AI does start putting millions of people out of work, we…”

Featuring: Greg Casar, Democratic | U.S. House, Texas, District 35

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Squawk Pod: AI-made viruses, a July jobs report, & Meta's child harms case - 08/07/26 | Audio Only

Published | Video Starts at 13:11

And basically we've structured this tax so that it's very low right now when we aren't facing A mass unemployment crisis, but then would scale up. If AI does start putting millions of people out of work, we could scale that tax up to make sure that the unemployment rate does not skyrocket. That's what the AI CEOs have been warning us about. That's how they actually, in many ways are able to have these high valuations as they are saying they want to put people out of work. (13:11–13:21)

CLAIM

Suggests scaling up the AI tax to prevent unemployment from skyrocketing if AI causes job loss.

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