Don't Tax the Robots!

"Tax the Robots" is the dumbest idea I've heard Mark Cuban utter.

I spent the first part of my career on Wall Street, obsessed with a single variable: Alpha.

At the hedge fund I co-founded, we chased it by automating grunt work: building systems to read financial statements faster than any army of junior analysts could.

We didn't call it "AI" back then. It was just ML.

Today, I operate on the other side of the equation. At McDonagh Technologies, I engineer the kinds of systems I used to dream about on the trading floor. I run a single-family office, layering capital with operational support, and I spend my nights deep in ML research papers or tweaking context engineering protocols for my own agents.

I know how money moves, and I know how code is built. And from this vantage point, I can tell you that the rising political chorus of "Tax the Robots" is one of the most dangerously economically illiterate ideas of our young century.

...and its coming from people who are not well-positioned to…