Citrini report author maps out playbook for dealing with AIBloombergArtificial intelligence (AI) may significantly displace workers and disrupt consumption-driven economies like the US in the near future, according to Alap Shah, co-author of a Citrini Research report that fueled a scare-trade selloff, and who is now calling for an AI tax to cushion job losses. Governments should consider taxing incremental or windfall gains from AI, Shah, chief investment officer at Lotus Technology Management, said in a Bloomberg TV interview. Shah sketched out a scenario where 5 percent of white-collar workers could be cut within 18 months. Photo: ReutersTechnology shares have slid in recent weeks on fears AI could upend business models, with the weekend report from Citrini Research adding to concerns about widespread disruption and job losses. White-collar workers account for 50 percent of employment and drive roughly 75 percent of discretionary consumer spending, according to the Citrini paper.

Source: Taipei Times February 24, 2026 17:13 UTC