We can be tax neutral and eliminate 125 million people off the tax rolls. Anybody making $100,000 or less doesn't pay any taxes." Vinod Khosla (@vkhosla) on how AI could change the tax code forever: AI will favor capital over labor — so equalize the capital gains tax with ordinary income tax. The math works: 40% of capital gains tax is already paid by people making more than $10 million a year. "The single biggest danger to AI is not AI capability. The single biggest danger to AI adoption is politics." "There will be massive job dislocation. Will there be new kinds of jobs? Maybe, maybe not. I don't know. There's very few things AI won't be able to do today or in the next few years." "I do think we need to get the benefits of AI to people before we start disrupting people." The Hill & Valley Forum 2026 @HillValleyForum