"The pitchforks are here": Billionaires work to contain AI's populist revolt (opens in new tab)

America's billionaires are developing their own prescriptions for AI-fueled inequality, anxious to defuse a populist revolt aimed at their ballooning fortunes.Why it matters: The AI boom has dramatically raised the stakes of the wealth-tax debate, unleashing a technology that could wipe out millions of jobs while minting the world's first trillionaires.Populist politicians, particularly on the left, have cast this as capitalism's next great reckoning: an even deeper concentration of wealth an...