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.
Directly taxing AI is very hard. Imagine if a company had to pay taxes for every AI agent operating in the U.S. or the E.U. As if they were regular employees. Big corporations would simply move the AI agents to countries without taxes.
If AI replaces workers, should it also pay taxes?
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Re: If AI replaces workers, should it also pay taxes?
#162That way it’s beneficial in both directions: if they stay fully automated, they’re effectively helping to fund something like a UBI through higher taxes on their automation-driven profits. But they’re also strongly incentivized to hire humans anywhere it actually makes sense, because every real job they create directly reduces their tax burden.
Re: If AI replaces workers, should it also pay taxes?
#163Earlier quoted context omitted.
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.
I need to think about this more, but the first thing that comes to my mind is not that this looks like “taxing the tool”, but that this can (ought to?) be similar to an alcohol or a fuel duty. 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…
“taxing the tool” makes me think of transaction taxes, like a tobin tax https://en.wikipedia.org/wiki/Tobin_tax
Re: If AI replaces workers, should it also pay taxes?
#164AI is not replacing workers. It might automate a few steps in a workflow, which require dealing with natural language, image content or applying knowledge from the web or internal data stores. It enables a bit more automation of work than it was possible earlier. Automation alone did never reduce jobs significantly.
Re: If AI replaces workers, should it also pay taxes?
#165(Otherwise you would buy a robot.. tax deduct it, then pay less tax by not paying wages, which basically means humans would be paying tax to offset the cost of corporates buying robot to replace their own jobs which doesn’t seem fair)
Plus, they should probably add a 50% VAT or something like that on initial purchase, which covers displaced tax for at least 1-2 years and can help cover any initial teething issues or increases in social services.
I personally don’t think I can deal with living in a society where robots are so cheap that within 5 years or whatever there’s 2-3 times the human population worth of robots. Tax it all to hell, because that sounds maddening.
Re: If AI replaces workers, should it also pay taxes?
#166Re: If AI replaces workers, should it also pay taxes?
#167AI is not replacing workers. It might automate a few steps in a workflow, which require dealing with natural language, image content or applying knowledge from the web or internal data stores. It enables a bit more automation of work than it was possible earlier. Automation alone did never reduce jobs significantly.
Seems to me there are way fewer farmers per capita and yet much more food produced, thanks to more & improved capital use in farming.
Re: If AI replaces workers, should it also pay taxes?
#168Earlier quoted context omitted.
It does lead to people loosing their job. If you have a pile of dirt that needs 3 people to move it with buckets but now 1 person can move the same pile with a wheelbarrow then the 2 others are out of a job. Same as when one developer with AI can do the job of 3 developers and the other 2 are fired.
do you have stats on moving of dirt with buckets vs. moving with wheelbarrows? Or is this just an assumption you are making? I think probably an assumption because how often do people move piles of dirt without wheelbarrows nowadays so where would you actually have your data from? In my anecdotal experience moving piles of dirt manually (for large piles of dirt) it is generally the digging up of the dirt that takes t…
Re: If AI replaces workers, should it also pay taxes?
#169If AI replaces workers and pays taxes, should it also vote and receive social security?
Re: If AI replaces workers, should it also pay taxes?
#170AI is not replacing workers. It might automate a few steps in a workflow, which require dealing with natural language, image content or applying knowledge from the web or internal data stores. It enables a bit more automation of work than it was possible earlier. Automation alone did never reduce jobs significantly.
Unless you mean "all jobs across the entire economy", this is pretty obviously false. People used to weave fabrics by hand, make screws and nails by hand, bake bread by hand. These jobs hardly exist anymore.
Of course this did not imply that all jobs disappeared and the economy collapsed. But the sense in which "AI is not replacing workers" is contingent on specific features of software development, not about automation in general.