Marketplace Tech · Thursday, September 3, 2026
Experts are raising concerns about the potential disruption and job loss caused by AI, which could significantly reduce federal tax revenue. A historical comparison to Akron's experience with the radial tire suggests that technological shifts can devastate local economies and industries.
“An AI future could bring major economic disruption, including job loss, and fewer paychecks can mean less federal tax revenue.”
“Technology does not always take us to a better place.”
“That single innovation had a triggering effect that devastated an entire town's industry and industrial identity and economic might.”