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Tim Pool argued that taxing artificial intelligence would not provide enough funding to support universal basic income (UBI).
Pool highlighted that a functioning system requires greater input than output, and suggested the revenue generated from taxing AI would not cover UBI costs, resulting in system deficits.
Pool has previously raised concerns about the impact of tax increases on funding public services. In a separate warning, he argued that higher taxes on luxury properties in New York City could push wealthy investors out. He suggested this risked reducing available funding for essential city services.