Artificial intelligence companies could become so powerful and so wealthy that they're able to provide a universal basic income to every man, woman and child on Earth.post from Sam Altman, the CEO of research lab OpenAI, that was published earlier this month.
Glen Weyl, an economist and a principal researcher at Microsoft Research, wrote on Twitter: "This beautifully epitomizes the AI ideology that I believe is the most dangerous force in the world today." "We could do something called the American Equity Fund," wrote Altman. "The American Equity Fund would be capitalized by taxing companies above a certain valuation 2.5% of their market value each year, payable in shares transferred to the fund, and by taxing 2.5% of the value of all privately-held land, payable in dollars."
"Every citizen would therefore increasingly partake of the freedoms, powers, autonomies, and opportunities that come with economic self-determination," he said. "Poverty would be greatly reduced and many more people would have a shot at the life they want." He added: "I can imagine even worse futures — but this the wrong direction in which to point our imaginations. By focusing instead on guaranteeing and enabling deeper, broader participation in political and economic life, I think we can do far better."
'Sam is no different from any other capitalist trying to persuade the government to allow an oligarchy.' The only fact matter of the whole article 💯 😂
That’s because we don’t build these things to make our lives easier, we build them to make us become more productive. It’s that capitalist way.