AI Taxes, Dell Shares, & A Rocket Explosion 5/29/26

As concerns about AI’s impact on the labor force mount, lawmakers including Rep. Greg Casar (D-TX) are considering taxes on AI to fund federal job programs. Rep. Casar discusses AI-driven layoffs and the obligations of the government during a tech revolution. Ahead of the annual ASCA meeting, Johnson & Johnson CEO Joaquin Duato discusses his company’s innovations in oncology treatment, as well as the FDA’s leadership. Plus, the team dives into the other morning headlines: shares of Dell are soaring on the company’s AI server revenues, and a Blue Origin rocket exploded on the launch pad. 

Joaquin Duato & Angelica Peebles - 17:05

Rep. Greg Casar - 33:20

In this episode:

Rep. Greg Casar, @RepCasar

Angelica Peebles, @angelicapeebles

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

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