A New York lawmaker has proposed an AI dividend plan that would send direct payments to US workers if AI automation causes major job losses.
Alex Bores, a New York state assemblymember and congressional candidate, announced the proposal on X on Sunday. He said the plan aims to prepare the country for possible labor displacement caused by artificial intelligence.
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Bores described the proposal as a response to the “potential large-scale displacement of human labor by artificial intelligence.” He said the AI dividend would be funded through tax reform and would also encourage companies to hire humans instead of replacing them with AI systems.
“Today, I’m proud to announce the AI Dividend, my plan to prepare for the AI economy with direct payments to Americans funded by tax reform that simultaneously incentivizes hiring humans instead of AI,” Bores said.
AI Dividend Plan Ties Direct Payments to Job Displacement
The proposal says the AI dividend would begin only if AI job losses become meaningful. In other words, it would not start as a universal payment program from day one. Instead, it would activate if AI automation significantly displaces American workers.
The plan says the public should share in the economic gains if artificial intelligence sharply raises productivity while concentrating more wealth among major companies and investors. Therefore, the proposal links the payment system directly to the scale of labor disruption.
“At its core, the AI Dividend is simple: if AI dramatically increases productivity and concentrates wealth, the American people have a stake in those gains,” the plan said. It also said, “The AI Dividend is a direct payment program that kicks in when and if AI meaningfully displaces American workers. It is not a punishment for innovation — it is an insurance policy.”
AI Dividend Funding Would Come From Taxes and Equity Stakes
According to the plan, the AI dividend would be funded through several sources. These include a tax on AI use, equity stakes in leading AI companies, and reforms to how the tax system treats labor and capital. That makes the proposal both a payment plan and an AI tax plan.
The plan also says the money would not go only to direct payments. Some funds would also support workforce transition, training, education, and oversight and safety infrastructure connected to artificial intelligence policy.
As a result, the proposal has two parts. First, it would provide direct payments if AI job losses rise. Second, it would support workers through education and retraining as the labor market changes under AI automation.
AI Job Losses Debate Remains Divided
The AI dividend proposal comes as debate continues over the effect of artificial intelligence on jobs. A recent Goldman Sachs report found that AI adoption resulted in the loss of about 16,000 jobs per month over the past year. That estimate added new weight to concerns about AI job losses.
At the same time, major US technology companies such as Amazon, Meta, Intel, and Microsoft have either laid off thousands of workers or reportedly planned job cuts tied to efficiencies created by AI. These developments have strengthened the argument that AI automation is already affecting the labor market.
However, not all reports show the same picture. On April 14, Morgan Stanley said the labor market effect of AI has been “modest so far.” The firm said there is still limited evidence of broad job losses.
It also noted that past technology waves often expanded employment over time, even while replacing some roles. Still, Morgan Stanley said AI may not follow that same pattern.
Alex Bores Links AI Dividend to Congressional Run
Alex Bores is currently campaigning for a seat in Congress, and he is promoting the AI dividend as part of that campaign. Because of that, the future of the plan may depend on whether his congressional bid succeeds.
For now, Bores is using the proposal to outline his position on artificial intelligence policy and labor protection. The plan focuses on direct payments, US workers, and workforce transition if AI automation leads to wider job displacement.
Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: April 21, 2026 • 🕓 Last updated: April 21, 2026
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