Of course it should. An industry run by AI, still needs roads and other public goods. Furthermore, the taxes can go towards UBI, allowing people to help guide the economy with their dollars and to ensure their personal wellbeing.
The big question is when do we remove human CEOs, and use their incomes for the common good?
AI. Is huge capital investments. Just tax the wealth. Any fortune over 10 million has to pay 4% of the gross total per year.
The answer to this post, and almost everything, is to tax the wealthy.
AI is not ruining anything. The people in control of it are.
The answer to this post, and almost everything, is to tax the wealthy. AI is not ruining anything. The people in control of it are.
This is the correct take, right here. Per the article, ““The trend toward automation and AI could lead to a decrease in tax revenues. In the United States, for example, about 85% of federal tax revenue comes from labor income, says Sanjay Patnaik, director of the Center for Regulation and Markets at the Brookings Institution,” It’s the working plebs that are carrying the majority of the tax burden.
The rich can pay there fair share, or we can grid them up and feed the slush into a reverse osmosis machine during the water wars.
If AI “destroys” jobs, then AI should not only pay taxes, but also contribute to health insurance, unemployment insurance and pension schemes. It doesn’t matter who ultimately pays. However, I would hold employers accountable, because they are the ones who are laying off employees in favour of AI.
AI companies: “no”
When computers replaced people are computers paying taxes.
AI will have wage?
This is a moronic take. Do we also tax tools when they make a 4 person job a 1/2 person job? This is just an ass backwards way of approaching the wealth inequality and poor working conditions issues by focusing on a tool instead of the system itself.
I mean, we easily could.
I pay property tax on my business tools.
So you just extend that concept. I don’t see why not.
ok apparently we do in fact tax tools. And I can see how AI, being on the cloud, might not normally fall under computer equipment or other things that would be taxed, thus needing it to be specifically included in tax law. Fuck me on that one.
I’ll give you that.
BUT
I still stand by this being a bandaid to a much larger problem concerning capitalists exploiting the labor of many and not being required to give everyone fair pay/equity. The inequality between the workforce and the ownership class is the problem. Them using AI is just their current tool of oppression, but not their only.
We need to address the root cause and directly tax the billionaires. And remove stock backed loans or at least realize their gains and tax them whenever they do use them as collateral for a loan. Shouldnt be able to claim unrealized gains and use it for collateral at the same time.
If companies start giving everyone fair pay/equity all the system collapse, even China the most communist country in the world right now don’t do that, inequity it’s what keep a certain amount of money flowing, unless you want all people dying of hunger or worst. I’m not saying capitalism is the perfect system but the imperfection of it it’s what make it work. we can’t pretend a perfect world is possible and make a living on dreaming. there will be always poor people and rich people just like there are smart people and dumb people, no everyone is equal.
I mean real world isn’t equal.
It isn’t black and white either.
It’s cooperation that got us here. It was that cooperation that made the infrastructure which without these people could not have accumulated the amount of wealth they are accumulating. The government’s sole purpose is insuring and guiding this cooperation. This should also include guiding a reasonable distribution of wealth. It will not be a prosperous society if only a few men have all the wealth and resources. This does not mean we should all have equal wealth either. But as a society, maybe we should rethink how we guide this distribution.
AI is ruining our climate, RAM prices, HDD prices qnd more. They should pay a lil extranfor that
climate being ruined long before ai, and the PC hardware is just suppliers being allowed to price-gouge people.
Remember, in USA companies are people, so they bribe the government with donations just like people, also money is free speech.
If they are people, they should pay taxes, why not? I say DO IT
I hate that so much. Being “people” they can essentially “out-compete” actual people in the political process. It’s very much “anything you can do I can do better”. That’s why any solution has to target them directly.
And the companies can exist for centuries, acquiring all of that enormous wealth, and “donate” a tiny sliver of it to politicians and watch them fight over the scraps.
This is a moronic take.
It’s just a capital gains tax
Tax wealth, not work
Tax land in particular. Can’t hide land easily from tax office.
Tax productivity, not work. Worker productivity has skyrocketed in the past few decades, but taxes have remained constant. So the rich have been able to extract increasing amounts of productivity, while paying proportionally less and less in taxes. Meanwhile, worker wages have remained stagnant, meaning their productivity has gone up but they’re still being paid (and taxed) the same.
Wealth taxes should still absolutely be a thing, but they should be entirely divorced from a work (productivity) tax.
That sounds great, but how would you objectively quantify productivity
How much did a company spend to product the widget?
How much is the widget worth?
The difference of those two is productivity
Why should AI have to pay taxes when we have an ever increasing pool of poors, thanks in large part to AI taking their jobs, to increase the taxes on… in order to fund AI and to give tax breaks to the trillionaires?
and because there is inevitably going to be someone who fails to understand sarcasm, the heaviest of /s
Because AI is a disruptive technology we should require 40% of gross profits be put into a fund to address its negative externalities.
Externalities? I thought Trump was getting rid of those? ;)
Joke’s on you.
They don’t actually make any money. Not unless their a monopoly that’s captured regulators anyway.
Gross profits, that way they are even more fucked. Can’t make it profitable? I guess it wasn’t meant to be.
You mean gross revenue?
That would be even more brutal, but sure I could agree to that. Then you could talk them down to gross profit so they feel like they are getting something.
Better yet: nationalize the AI companies. Make AI like water supply or fire service - a public utility. My government is VERY far from perfect, but even a country with any semblance of democracy has a better chance of making AI safe and useful to all than a greedy corporation. That way the training data and model parameters can be opened to public scrutiny.
I definitely want my complete incorruptible government to be in charge of the training and maintenance of the national knowledge repository, this sounds like a great idea with no chance of negative results.
At least Google just wants to steal and sell your data. Trump actively wants you to suffer.
It needs a 900% tarrif on all good. That will surely fix the economy
More tariffs! Lol
No, but the companies using it should.
And those hosting it.
Companies:
I’m honestly fine with companies not paying taxes so long as their profits are being spent on people in lower tax brackets.
Current tax structure makes it easy for the company to just give all their profits to their executives.
70% tax on income over $1 million. Go back to a progressive tax structure for company profits. Not sure why my local donut shop is paying the same rate as Microsoft.
But corporations are people, and people pay taxes. So yes, you will be doing that here.
I think we should just let the billionaires have all of it, they seem to be the ones that need it the most.
To each according to the size of his greed.
good luck, churches don’t even pay taxes
But they’re charities that are not for profit…
HAHAHAHAHAHAHAHAHA … AAAAAAHAHAHAHAHAHAHAHAHA
AI shouldn’t pay taxes, but the companies making them should
Not an expert at all, but I think to an extent this already happens with the current system in most countries, and it would probably need to be done much more now. Not that Automation pays more taxes, but that having employees generally qualifies companies for tax breaks.
For instance, when Amazon said “we’re going to open a new HQ”, Cities and States tripped over themselves to try and give them the largest tax breaks. But that was under the assumption that the HQ would give jobs to tens of thousand of people, not to 5 data scientist and a massive, energy-hungry data center.
