Microsoft president cautions against Washington's proposed 'wealth tax,' discusses evolution of AI
- Microsoft is investing $80 billion in artificial intelligence, according to Taylor and Smith.
- Microsoft believes AI is fundamental to the future, economic competitiveness, and humanity's progress.
- AI can discover new drugs, improve healthcare, advance science, and change learning methods.
- Washington has 9.4% tech jobs, more than any other state, and 80% of employees donate to nonprofits.
- Brad Smith expressed concern that proposed tax increases would damage the tech sector and put jobs at risk.
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Washington House passes budget, clearing way for talks with Senate
The Washington state House passed its budget just after midnight on Tuesday, setting the stage for negotiations with the Senate and the governor on a spending blueprint to address a looming multi-billion dollar shortfall.


Microsoft president cautions against Washington's proposed 'wealth tax,' discusses evolution of AI
President Brad Smith said he believes tech companies and the state need to work hand in hand, and Washington’s economy will suffer if they don't.
·Seattle, United States
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