Mark Cuban Proposes Federal Tax on AI Tokens

Mark Cuban has proposed a federal tax on artificial intelligence (AI) tokens, suggesting a levy of less than 50 cents per million tokens. According to BeInCrypto, Cuban believes this tax could drive large AI model operators toward efficiency while generating billions in annual revenue. The Dallas Mavericks owner likened the proposal to the regulatory path once resisted by the crypto industry, noting that early crypto supporters opposed regulation but later embraced it for growth. Critics, including Anduril founder Palmer Luckey, argue the tax could disadvantage American firms and make foreign models more appealing. Cuban estimates the tax could initially yield $10 billion annually, potentially funding federal debt reduction or programs addressing AI disruptions.