AI-driven drops in labor income and gains in capital income could hit Ireland's tax base, with 6%+ of its workforce in tech and heavy exposure to US companies (Olivia Fletcher/Bloomberg)
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Olivia Fletcher / Bloomberg: AI-driven drops in labor income and gains in capital income could hit Ireland's tax base, with 6%+ of its workforce in tech and heavy exposure to US companies — The country benefited from a jobs boom after attracting US multinationals, but some of these roles are being cut in the name of AI efficiency.
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