No Result
View All Result
  • Login
Tuesday, June 23, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

OpenAI releases policy proposals aimed at addressing fallout from AI-driven job losses

by theadvisertimes.com
3 months ago
in Business
Reading Time: 3 mins read
A A
0
OpenAI releases policy proposals aimed at addressing fallout from AI-driven job losses
Share on FacebookShare on TwitterShare on LInkedIn


OpenAI (OPAI.PVT) released a series of policy proposals it said are meant to address what it sees as some of the major societal challenges that will inevitably arise from the growth of ever more powerful forms of artificial intelligence.

The proposals, which OpenAI admits are “ambitious” and “intentionally early and exploratory,” include everything from a new industrial policy agenda to modernizing the tax system to expanding access to healthcare coverage and retirement savings.

They are meant to help answer questions about job disruptions and AI systems that evade human control, and to protect against governments deploying AI in ways that run counter to democratic values.

“Unless policy keeps pace with technological change, the institutions and safety nets needed to navigate this transition could fall behind,” the company said.

“Ensuring that AI expands access, agency, and opportunity is a central challenge as we move towards superintelligence.”

Among its proposals, OpenAI said policymakers will need to rethink their tax bases as AI reduces the need for companies to employ as many workers.

OpenAI CEO Sam Altman speaks at the OpenAI data center in Abilene, Texas, on Sept. 23, 2025. (Reuters/Shelby Tauber) · REUTERS / REUTERS

“As AI reshapes work and production, the composition of economic activity may shift — expanding corporate profits and capital gains while potentially reducing reliance on labor income and payroll taxes,” the company said.

That, OpenAI said, will cut into funding for things including Social Security, Medicaid, SNAP benefits, and housing assistance programs. OpenAI said governments could instead push for higher taxes on capital gains, corporate income, or “targeted measures on sustained AI-driven returns.”

Healthcare and retirement benefits, the company said, should also follow individuals across jobs and industries.

To do so, OpenAI said governments could “pool contributions” from multiple sources to pay for standardized accounts, allowing for healthcare and benefits that are attached to a person rather than their job.

Retirement benefits would also follow people across different jobs and use a pooled funding structure.

The company also dives into AI regulation, saying that governments should focus on “common-sense” rules that don’t favor entrenched incumbents and help protect children and address potential national security threats.

“We are entering a new phase of economic and social organization that will fundamentally reshape work, knowledge, and production,” the company said. “This is the moment to start the conversation: to think boldly, explore new ideas, and collaboratively develop a new industrial policy agenda that ensures superintelligence benefits everyone.”

OpenAI’s proposals come as the AI industry continues to face questions about how the technology will impact employment across the economy.

Tech firms like Salesforce (CRM) are already cutting jobs, partly to pay for their AI build-outs but also because they say they don’t need as many workers to meet their goals.

There are also ongoing concerns about the environmental impact of AI’s data centers, the cost of electricity to power the systems, and, of course, whether the incredible sums of cash companies are investing in the technology will ever pay off.

Sign up for Yahoo Finance's Week in Tech newsletter.
Sign up for Yahoo Finance’s Week in Tech newsletter. · Yahoo Finance

Email Daniel Howley at [email protected]. Follow him on Twitter at @DanielHowley.

Click here for the latest technology news that will impact the stock market

Read the latest financial and business news from Yahoo Finance



Source link

Tags: addressingAIdrivenaimedfalloutjobLossesOpenAIPolicyproposalsReleases
ShareTweetShare
Previous Post

Claude and ChatGPT Can’t Kill the Bull Case for Palo Alto Stock, According to Benchmark Analysts

Next Post

15,000 Bitcoin Just Funded a Massive Industry Pivot

Related Posts

Moloco leads group buying 48% stake in AppsFlyer

Moloco leads group buying 48% stake in AppsFlyer

by theadvisertimes.com
June 23, 2026
0

After the collapse of the acquisition deal with Apollo, veteran Herzliya-based technology company AppsFlyer has carried out an investment...

Syrma SGS Technology shares jump 5% after JV pact with Japan’s Kaga Electronics

Syrma SGS Technology shares jump 5% after JV pact with Japan’s Kaga Electronics

by theadvisertimes.com
June 23, 2026
0

Shares of Syrma SGS Technology surged 4.84% to Rs 1,400.90 in Tuesday's trading session after the electronics manufacturing services (EMS)...

Gold steady as investors focus on US-Iran peace talks

Gold steady as investors focus on US-Iran peace talks

by theadvisertimes.com
June 22, 2026
0

Gold prices were steady on Tuesday as investors assessed U.S.-Iran peace talks, while rising expectations of a Federal Reserve interest...

Meet a British businessman who doesn’t regret his Brexit vote. He says rejoining the EU would be ‘re-boarding the Titanic’ while giving up life vests

Meet a British businessman who doesn’t regret his Brexit vote. He says rejoining the EU would be ‘re-boarding the Titanic’ while giving up life vests

by theadvisertimes.com
June 22, 2026
0

Simon Boyd’s firm makes prefabricated steel structures on the south coast of England and ships them to customers as far...

A  million horror film and a 30-year-old franchise are saving Hollywood’s summer

A $1 million horror film and a 30-year-old franchise are saving Hollywood’s summer

by theadvisertimes.com
June 22, 2026
0

“Toy Story” still has a friend in moviegoers. The fifth installment in the Pixar series debuted with $160 million in domestic...

Ex-Trump advisor makes bold case for Bitcoin

Ex-Trump advisor makes bold case for Bitcoin

by theadvisertimes.com
June 22, 2026
0

SkyBridge Capital founder Anthony Scaramucci is not backing away from Bitcoin.  Scaramucci, a Goldman Sachs veteran briefly served as White...

Next Post
15,000 Bitcoin Just Funded a Massive Industry Pivot

15,000 Bitcoin Just Funded a Massive Industry Pivot

The Elusive Giffen Good, Once Again

The Elusive Giffen Good, Once Again

  • Trending
  • Comments
  • Latest
Should You Offer a Concession to Get Your Apartment Leased Faster?

Should You Offer a Concession to Get Your Apartment Leased Faster?

June 15, 2026
6 Hotels Where Chase’s Points Boost Yields 2.5x

6 Hotels Where Chase’s Points Boost Yields 2.5x

May 22, 2026
Understanding risk remains a major investor blind spot: TIAA Institute

Understanding risk remains a major investor blind spot: TIAA Institute

June 5, 2026
Anthropic’s confidential S-1 signals summer AI IPO race could heat up fast

Anthropic’s confidential S-1 signals summer AI IPO race could heat up fast

June 2, 2026
Memorial Day 2026: Take Advantage of Food Freebies, Deals

Memorial Day 2026: Take Advantage of Food Freebies, Deals

May 23, 2026
9 Best Cheap Cell Phone Plans That Will Save You Money

9 Best Cheap Cell Phone Plans That Will Save You Money

June 3, 2026
7 Benefits of Starting Retirement Savings Early

7 Benefits of Starting Retirement Savings Early

0
Moloco leads group buying 48% stake in AppsFlyer

Moloco leads group buying 48% stake in AppsFlyer

0
CZ Says Hyperliquid Found A No-KYC Niche Binance Cannot Touc

CZ Says Hyperliquid Found A No-KYC Niche Binance Cannot Touc

0
Trump open to trade talks amid turmoil

Trump open to trade talks amid turmoil

0
52-year-old Outback Steakhouse rival chain closes 24 locations

52-year-old Outback Steakhouse rival chain closes 24 locations

0
Bed Bath & Beyond Combines Stores with Another Chain. See Locations

Bed Bath & Beyond Combines Stores with Another Chain. See Locations

0
7 Benefits of Starting Retirement Savings Early

7 Benefits of Starting Retirement Savings Early

June 23, 2026
CZ Says Hyperliquid Found A No-KYC Niche Binance Cannot Touc

CZ Says Hyperliquid Found A No-KYC Niche Binance Cannot Touc

June 23, 2026
Moloco leads group buying 48% stake in AppsFlyer

Moloco leads group buying 48% stake in AppsFlyer

June 23, 2026
Syrma SGS Technology shares jump 5% after JV pact with Japan’s Kaga Electronics

Syrma SGS Technology shares jump 5% after JV pact with Japan’s Kaga Electronics

June 23, 2026
Canada’s Inflation Problem Is Far From Over

Canada’s Inflation Problem Is Far From Over

June 23, 2026
China’s 618 shopping festival growth slows sharply as consumer spending malaise persists

China’s 618 shopping festival growth slows sharply as consumer spending malaise persists

June 22, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • 7 Benefits of Starting Retirement Savings Early
  • CZ Says Hyperliquid Found A No-KYC Niche Binance Cannot Touc
  • Moloco leads group buying 48% stake in AppsFlyer
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.