Singapore commentary calls for tax reform so citizens share in AI windfalls

Summary

In an op-ed for Singapore’s Chinese-language daily Lianhe Zaobao, commentator Chen Guoxiang argues that governments must overhaul tax systems so that extraordinary profits from artificial intelligence are broadly shared with the public instead of concentrating in a handful of tech giants and financial investors.([zaobao.com.sg](https://www.zaobao.com.sg/forum/views/story20251215-7963866)) He likens today’s AI stock boom-and-correction cycle to the dot-com bubble, noting that while speculative excess is inevitable, the real legacy will be long-term infrastructure such as data centers, algorithms and compute that underpin a new “intelligent civilization.” The piece warns that without proactive fiscal policy, AI-era gains will exacerbate inequality as capital races ahead and wages and small businesses struggle to keep up. Chen frames tax reform—potentially including new approaches to taxing AI-driven superprofits—as essential to social stability over the next decade, arguing that the political test of the AI age is whether ordinary citizens feel any of its upside. Although focused on Singapore, the essay taps into a wider global debate about how to distribute the benefits of AI-driven productivity.