The IRS plans to replace fired enforcement workers with AI
Following considerable cuts to its enforcement workforce, the US’s Internal Revenue Service (IRS) plans to use AI to supplement its ability to collect taxes from US citizens.
News of the IRS’s plan came from US Treasury Secretary Scott Bessent during a House Appropriations Committee hearing Tuesday to discuss the Treasury’s budget proposal. (The IRS is a subsidiary of the Treasury.) When asked by Congressman Steny Hoyer (D-MD) whether proposed reductions in the IRS’s IT budget, along with plans to cut additional staff, would affect the agencies ability to collect tax revenue, Bessent said it wouldn’t, thanks to the current “AI boom.”
Related Knowledge Center: Artificial intelligence
On top of a failing business model, newsrooms must navigate the powerful — and not fully reliable — new capabilities of artificial intelligence and the deployment of large language models.
State of the business model | Copyright and intellectual property