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Mark Cuban outlined AI automation, tax, and market-structure risks faced by companies replacing human workers with humanoids and AI in a mock IPO risk-disclosure post on X on Saturday.
Cuban’s post was in response to Elon Musk‘s statement, “Working will be optional in the future,” posted on X.
Cuban Drafts Tomorrow’s Risk Disclosures — Today
The hypothetical prospectus shared by the billionaire investor warns that in the event work becomes optional, local, state and federal governments are expected to institute new and unpredictable taxes, including a robot utilization tax and a token utilization tax.
Cuban noted these could “completely change the economics of our industry” and impact shareholder returns.
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