Source: New York Post
New York City’s chief auditor is calling on Mayor Zohran Mamdani to make big-time budget cuts — warning about the potential hit artificial intelligence could deliver to the economy of the world’s financial capital. City Comptroller Mark Levine sounded the alarm about the impact AI could have on the Big Apple’s tax revenue, saying there was a 50-50 shot the emerging tech sparks a recession in the five boroughs. Meanwhile, city coffers remain far from full enough to cover the possible economic downturn, Levine said.
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