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Bill Gates believes a billionaire's tax is the only option in the age of AI—and 'whatever's left over' can be used as a philanthropic safety net

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Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

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Current price of oil as of November 6, 2026

1

Bill Gates believes a billionaire's tax is the only option in the age of AI—and 'whatever's left over' can be used as a philanthropic safety net

2

Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

3

Current price of oil as of November 6, 2026
Leadership

Watch TIME’s Election Night Live Show

By
Fortune Staff
Fortune Staff
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By
Fortune Staff
Fortune Staff
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November 8, 2016, 1:34 PM ET
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The historic, divisive 2016 election is almost over. On Tuesday, Americans are deciding whether Hillary Clinton or Donald Trump will be the 45th President of the United States.

You can follow all the election night action on TIME’s live show, which will stream on Fortune.com above, on Time.com, on Facebook and on YouTube.

The live show is scheduled to start at about 6:30 p.m. E.T. It is being hosted by TIME Washington’s correspondent Alex Altman. Guests include TIME editor-in-chief Nancy Gibbs and Time Inc. chief content office Alan Murray, among others.

Watch it live above Tuesday evening.

 

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