By this logic owners of wheel barrows should be taxed for all the manual labour jobs the wheel barrow destroyed.
social unrest must be priced in at this point somewhere
131–140 of 1001 posts
By this logic owners of wheel barrows should be taxed for all the manual labour jobs the wheel barrow destroyed.
social unrest must be priced in at this point somewhere
Looking at the actual article, the people suggesting taxes on AI are American Nobel laureate Edmund Phelps, and Bill Gates, founder of MSFT. The Europeans suggest more general taxes on capital instead.
The latter makes sense. We also don't let steam engines and carts pay taxes just because they 'replace' (=displace) human labor. Don't tax tools or income, tax the accumulation of it: wealth.
But either way, taxing the tool is micromanaging the problem, and some powerful people cynically promote that because they can aim the details away from themselves.
Taxes are to fund government. Isn't the idea for AI and robotics to replace government? No taxes.
AI automates tasks. Governments carry responsibility. That gap matters even more in welfare states. Social work demands judgment, trust, and moral accountability. Teachers shape citizens, not outputs. Health care relies on responsibility under uncertainty, not pattern matching. States run on legitimacy and human obligation, not efficiency alone. Even if AI boosts productivity across these sectors, someone still funds…
— IBM Training Manual, 1979
Looking at the actual article, the people suggesting taxes on AI are American Nobel laureate Edmund Phelps, and Bill Gates, founder of MSFT. The Europeans suggest more general taxes on capital instead.
The latter makes sense. We also don't let steam engines and carts pay taxes just because they 'replace' (=displace) human labor. Don't tax tools or income, tax the accumulation of it: wealth.
Everyone works less, everyone works better, we will then see how much humans we still need.
We should probably let actual full automation happen before debating whether it should be taxed. Worrying about a hypothetical T-1000 future seems less urgent than reducing the homelessness that exists right in front of us.
Otherwise you're ceding control of the Overton window to the folks aiming for techno-serfdom.
Looking at the actual article, the people suggesting taxes on AI are American Nobel laureate Edmund Phelps, and Bill Gates, founder of MSFT. The Europeans suggest more general taxes on capital instead.
The problem is that rich people and large companies usually go to great lengths to avoid taxes, use loopholes or get special deals (and with great success). The missing tax income has to come from the middle class, who can't avoid it. With increased automation, this only gets more extreme.
Or perhaps this could serve as a kind of test: a technology that cannot be reliably used in tax evasion enforcement simply isn’t worthy of the name AI.
Or perhaps it reveals that we have structural problems, and certain concentrations of wealth with or without automation are a threat to the just and effective operation of society and should therefore be as vigorously opposed as crime or foreign attacks.
Earlier quoted context omitted.
The latter makes sense. We also don't let steam engines and carts pay taxes just because they 'replace' (=displace) human labor. Don't tax tools or income, tax the accumulation of it: wealth.
Taxing wealth is much harder on a practical and algorithmic level than taxing income. But either way, taxing the tool is micromanaging the problem, and some powerful people cynically promote that because they can aim the details away from themselves.
Nobody calls alcohol duty “micromanagement”.
For products like petrol, it’s widely known that from money paid for a liter when it’s sold, say, in the UK, more money stays in the UK’s government pocket via a complex web of taxes and duties, than profits the oil production company that supplied crude oil for that petrol.
Maybe taxing a kWh of the AI data center energy consumption should be a thing? I don’t know.