In South Dakota v. Wayfair, the U.S. Supreme Court
noted that "substantial virtual connections" should not
be ignored.
While the word "innovation" is often used, only rarely
does a new series of inventions—such as the wheel,
electricity, and the Internet—entirely reshape society.
Artificial Intelligence (AI) is proving to be the next such
powerful innovation, and the U.S. tax code is little prepared for
it.
Defining AI can be a challenging task due to the broad nature of
what falls under its rubric. Essentially. AI is the use of computer
systems co perform tasks that historically have required human
intelligence. Expanding on this definition, AI can interpret and
learn from data, creating alone and using what it has learned from
the data without additional human input. Such machine learning is
further refined into deep learning in which artificial neural
networks-algorithms that copy how the human brain works-mimic human
behavior by processing vast amounts of data.
