Raghuram Rajan pitches AI tax and training incentives to tackle AI-driven job losses
Storyboard18
Former RBI governor Raghuram Rajan proposes a tax on corporate AI token usage coupled with training incentives to address the employment imbalance caused by automation. This framework aims to ensure companies share responsibility for worker adaptation through tax credits for retraining, rather than blocking AI adoption entirely. The proposal acknowledges that while AI displacement is inevitable, its scale remains uncertain due to varying adoption speeds across industries.
All articles from 21 August 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.