Warren for TIME: Tax AI and Invest in People

Skip to primary navigation Skip to content × Close Mobile Nav About About Elizabeth Committee Assignments About Massachusetts Voting Record Contact Share Your Opinion Help with a Federal Agency Office Locations Send me Updates Share Your CFPB Story Save Our Schools Services Help with a Federal Agency Return to Repayment Guide Visiting DC/Tours Flag Request Internships Meeting Requests Academy Nominations Special Recognitions Grants Small Businesses Veterans, Servicemembers and Military Families FY2027 National Defense Authorization Act Requests FY 2027 Appropriations Requests Oversight Reports Letters Social Security War Room Save Our Schools Campaign Legislation Newsroom News Coverage Press Releases Op-Eds Videos × Close Site Search search Elizabeth Warren Senator Elizabeth Warren's Facebook Page (This link opens in new window or tab.) Senator Elizabeth Warren's BlueSky (This link opens in new window or tab.) Senator Elizabeth Warren's Twitter (This link opens in new window or tab.) Senator Elizabeth Warren's Youtube (This link opens in new window or tab.) Senator Elizabeth Warren's Instagram (This link opens in new window or tab.) About About Elizabeth Committee Assignments About Massachusetts Voting Record Contact Share Your Opinion Help with a Federal Agency Office Locations Send me Updates Share Your CFPB Story Save Our Schools Services Help with a Federal Agency Return to Repayment Guide Visiting DC/Tours Flag Request Internships Meeting Requests Academy Nominations Special Recognitions Grants Small Businesses Veterans, Servicemembers and Military Families FY2027 National Defense Authorization Act Requests FY 2027 Appropriations Requests Oversight Reports Letters Social Security War Room Save Our Schools Campaign Legislation Newsroom News Coverage Press Releases Op-Eds Videos Español Close Search Open Search Popup Popup Search Close Search Popup MENU Senator Elizabeth Warren's Facebook Page (This link opens in new window or tab.) Senator Elizabeth Warren's BlueSky (This link opens in new window or tab.) Senator Elizabeth Warren's Twitter (This link opens in new window or tab.) Senator Elizabeth Warren's Youtube (This link opens in new window or tab.) Senator Elizabeth Warren's Instagram (This link opens in new window or tab.) Home Newsroom Press Releases May 27, 2026 Warren for TIME: Tax AI and Invest in People “If we overhaul our tax code and tax AI, we can use that money to build a country that works for everyone.” “The American people deserve to share in the success of this technology.” Washington, D.C. – Today, U.S. Senator Elizabeth Warren (D-Mass.) published an op-ed in TIME making the case that any solution to the problems posed by AI must include taxing AI and investing in people. Specifically, the senator calls for overhauling the rigged tax code, including by taxing the wealthy and making corporations pay their fair share, to ensure the economic gains from AI benefit all Americans. The senator also calls for a new tax on AI companies that would tax the energy usage of data centers powering AI. Read the full op-ed here and below: TIME - Why We Need to Tax AI May 27, 2026 Americans are hanging on by their fingernails in an economy that funnels wealth to the ultra-rich and leaves crumbs for working people. AI threatens to supercharge this divide : tech executives have warned that AI could lead to “a level of wealth concentration that will break society” and create a “permanent underclass .” I refuse to accept that future. Building an economy that works for all of us will require multiple policy responses. But it starts by acknowledging: it’s time to tax AI and invest in people. AI holds tremendous promise. At the same time, Americans are rightly concerned that AI could further rig our economy . The technology is creating dozens of tech billionaires , while companies are laying off workers in the name of AI . Meanwhile, AI data centers are jacking up utility bills ; for families living near large data centers, electricity costs have skyrocketed by as much as 267% over the past five years. It’s no surprise that Americans are showing up at town meetings to protest data centers and communities across the country are fighting for data center moratoriums. Big Tech CEOs say this is only the beginning, predicting that AI will soon automate most white-collar tasks. Yes, some of this may be hyperbole. But there is no denying that AI is already changing the labor market. And because health care is often tied to a job, an AI wave could cost a family more than a lost paycheck. Even those whose jobs and insurance remain intact could be hit: e xperts warn that the hype around AI is fueling a financial bubble that threatens another economic crash. Policymakers undoubtedly need to regulate AI and protect against its worst-case harms, like cyber attacks, which could impact our financial system and national security. We must also tackle the problem of AI’s accelerating demand for energy and ensure that families’