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NY lawmaker proposes AI Dividend for job losses
NY lawmaker proposes AI Dividend for job losses

NY lawmaker proposes AI Dividend for job losses

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Alex Bores has proposed an “AI Dividend” that would provide payments to Americans if artificial intelligence leads to significant job losses.

The plan would activate payments based on economic indicators such as falling labour participation, wage pressure and rising productivity without corresponding employment growth.

“CEOs are openly warning that AI will significantly reduce white-collar employment,”

Bores said in outlining the proposal.

The framework aims to tie payouts to measurable economic signals rather than political discretion, while also funding workforce retraining and education initiatives.

However, the proposal does not specify how much individuals would receive or how frequently payments would be distributed.

The policy comes amid warnings from industry leaders including Sam Altman and Elon Musk that AI could disrupt large segments of the labour market.

Bores said early policy action is critical, arguing that addressing economic disruption before widespread job losses occur may be easier than responding after wealth becomes concentrated among a few firms.

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