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TRIGGERnometry · 2 min · Oct 23, 2026

Why Konstantin Kisin thinks Europe may miss AI tax revenue

With Tom Slater & Winston Marshall

Kisin argues that Europe could face AI-driven disruption without hosting the companies creating much of the wealth.

In this episode

Full analysis
  1. 5:34Why Winston Marshall thinks France faces prolonged instability8 min
  2. 20:35Why Tom Slater sees anti-French sentiment as a shared thread3 min
  3. 36:44Why Francis Foster says classroom disruption blocks learning3 min
  4. 16:39Why Konstantin Kisin thinks Europe may miss AI tax revenue2 min
  5. 29:01Why Konstantin Kisin thinks riot policing can trap leaders3 min
  6. 54:45Why Tom Slater thinks DSA candidates have a limited coalition2 min

Takeaways

  1. He says AI disruption could reach Europe even if the firms are elsewhere.
  2. He expects much of the resulting wealth to accrue in the U.S. and China.
  3. He warns Europe may lack the tax base for redistribution.

About this segment

Kisin argues that Europe could face AI-driven disruption without hosting the companies creating much of the wealth. He warns that this may leave governments without the tax base to fund redistribution.

With Tom Slater & Winston Marshall

From “France Riots - Are We Next? - Off The Fence”, Oct 23, 2026. Watch the full episode

Transcript

Transcribed by machine (Whisper) from the episode’s audio, so a word may be off here and there.

  1. 16:45

    And by the way, one other point, if you want to get really depressed and tumorous about all of this, is the inquiry that Francis and I have been on the entire time we've been in the U.S. is about the impact of AI. And we've had people like Andrew Yang on, who's the former Democratic candidate. That episode will go out soon, but hasn't yet. And we talked about the potential for job losses and job destruction, et cetera.

  2. 17:09

    And even if you accept either that actually, well, look, if you look at previous technological transformations in history, the impact of that is that you have a disruption followed by new jobs being created, and actually everything's great. If you accept that version or if you accept the Andrew Yang framing, which is, well, actually, that's not happening and not going to happen. And what this will do is take everyone's jobs.

  3. 17:33

    So, OK, well, we've got to take the wealth that's created because it will be so much wealth created and we've got to redistribute it to everybody through a UBI or whatever, a freedom benefit, whatever you want to call it. The problem is, and this is something that European policymakers and leaders don't seem to have realized because we are not engaging in the technological innovation or creating the fundamentals that are necessary for it.

  4. 18:00

    if you accept that part of this will involve a level of redistribution from the wealth creators who are using technology to everyone else the problem is that all of that wealth is going to be created in two countries is going to be created in america and it's going to be created in china because that's where all these companies that are doing all of this are based and taxed but in europe we will still have all our jobs destroyed or taken for a period of time or the economy the economic upheaval or whatever but we are not going to have the tax base of taxing your clauds and anthropics and and open ais and chat gpts etc uh and what that means for this kind of protest and this kind of situation going forward i think is even more terrifying if that's what you were looking for this fine evening so one of the things unless you want to respond to it winning and then