A key question in interpreting our coverage measure is which workers should be considered treated? Should changes in employment be expected from just 10% task coverage? Gans and Goldfarb (2025) show that if an O-ring model best describes jobs, employment effects might be seen only when all tasks have some degree of AI penetration. Hampole et al. (2025) argue that mean exposure decreases labor demand, but concentration of exposure in only certain tasks can counteract this. And Autor and Thompson (2025) highlight the level of expertise required for the remaining tasks.
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Taxing individuals at the higher end of the income spectrum is not a new concept; it’s what our “progressive” income tax system tries to do already. Khosla’s idea differs in that it may soon reclassify an entirely new category of income that may not even have gone into the government’s coffers to begin with.