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Bill Gates says billionaires should pay more taxes as AI reshapes economy

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Bill Gates says billionaires should pay more taxes as AI reshapes economy

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Bill Gates says billionaires should pay more taxes as AI reshapes economy

Gates said that governments must take primary responsibility for tackling inequality as AI generates wealth, warning that philanthropy cannot replace public support systems

Gates also highlighted the need to reconsider how governments tax labour and capital as businesses increasingly adopt AI tools and automation | Image: Bloomberg

Apexa Rai New Delhi 2 min read Last Updated : Nov 09 2026 | 1:49 PM IST

Microsoft co-founder Bill Gates has called for governments to reconsider taxation policies and ensure that billionaires and wealthy individuals contribute more towards addressing inequality, as the rapid growth of artificial intelligence(AI) threatens to widen the gap between rich and poor.

Speaking on the Financial Times' Tech Tonic podcast, Gates said governments must take primary responsibility for tackling economic inequality, rather than relying on charitable contributions from wealthy individuals.

"The primary responsibility of dealing with inequality will always rest with governments. We can't expect philanthropy, which is voluntary in nature, to be the safety net," Gates said.

He argued that tax systems would need to adapt to an economy increasingly shaped by AI , including ensuring that people with substantial wealth and billionaires contribute towards public welfare.

The comments come amid growing concerns that the economic gains from AI could remain concentrated among technology companies, investors and wealthy individuals, even as automation changes the nature of employment across industries.


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