WorkThe story, in brief

We will need a new tax code for the wealth AI creates

Mass underemployment isn't a question of if—it's when. And your tax code isn't ready.

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People, judgement and the changing nature of work.AI illustration by KeyNews
The KeyNews take

Why it matters

As AI-driven automation scales toward workforce displacement, policymakers face an urgent question: can existing tax frameworks handle the wealth concentration and revenue loss that mass underemployment will trigger? This is no longer academic—it's an operational risk for every economy.

The key facts

5 to know
  1. Assumes mass underemployment as inevitable outcome of AI scaling

  2. Focuses on policy and tax code readiness gap

  3. Published in Financial Times (credible policy platform)

  4. Frames AI impact as workforce displacement requiring systemic policy response

  5. Implies urgency: policy lag vs. AI deployment speed mismatch

Go to the source

Financial Times Technologyft.com

Publisher excerpt: The question isn’t whether mass underemployment arrives but whether we have a policy framework ready when it does
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