Senator Bernie Sanders says the American public deserves a direct stake in the wealth being created by artificial intelligence.
In a video posted to X (1) on Monday, Sanders announced plans to introduce the AI Sovereign Wealth Fund Act, a proposal that would give the public a 50% ownership stake in large AI companies through a one-time tax on their stock.
PhiloLibrarian on
How about we kidnap Elon Musk and make him give us all a little bit of his money before we tar and feather him?
lostinthematrixx on
if those running these AI companies want to sleep sound at night, it’s the morally right thing to do. should they choose to disenfranchise the rest of us then they should realistically expect mass civil unrest and eventually some rather nasty revolts. so we have an easy way and a hard way…pick wisely 😉
TombStoneFaro on
If the wealth comes from things like automated harvesting of food, free power and housing, yes, that would be the future where we are post scarcity as in Star Trek. Just as air is free, a future where everyone has what they need, medical care because maybe a human doctor can help 10 times as many people as he does today due to advanced robotics and other AI stuff. Even free or cheap automated transport.
Imagine automated restaurants with gourmet food where even the poor (if that remains a thing) can eat Michelin quality food. Imagine dangerously bad fast food becomes expensive but decent food is free.
Fear not AI if it is humanely administered.
It could be wonderful. It can happen.
**Downvoted?? What’s your big idea, have Elon Musk give everyone a million dollars?? If so, you are too stupid to have an opinion to share.**
ga643953 on
I like how these people’s solution to social inequality is always let’s rob someone instead of designing a system with incentives in place that will benefit all no matter who succeeds.
analyticaljoe on
This is the right thing to do. Issue a bunch of warrants, well over the current valuations, so that if AI delivers the systems and people who provided the basis upon which it has been built are appropriately rewarded.
There’s no AI without the electrical grid. There’s no AI without the water systems. There’s no AI without the internet and the content of everyone.
BalerionSanders on
I’m still team Ed Zitron and think AI is less an actual threat to labor than a money laundering scam. But in the event I and he are wrong, who owns the technology and who reaps benefits will matter, and those models trained almost entirely on copywritten material, or on people’s personal social media. I think we should collect for that service. 💁♂️
CTRexPope on
LLMs we’re all trained on stolen data. It all belongs to us.
ronsta on
It’s interesting we think by automating unskilled or less skilled tasks, we will suddenly live in a post scarcity world. It’s like thinking McDonalds will suddenly charge us less for a burger cause we order via touch screens. Yet, that’s not the case. The burger gets smaller and more expensive.
Companies will always maximize profit. Even if we reduce the labor cost significantly, they’ll just grab that difference as more profit. Don’t fool yourselves into thinking a post scarcity world follows.
ksgt69 on
There is an interview with Bernie Sanders on the most recent Crashing Out podcast, it is within the first 5 or 10 minutes so you don’t have to listen to the whole thing, he explains why he is proposing this very well. Essentially, it’s a dividend, it’s recouping the cost in higher energy costs, lost jobs, lost natural resources.
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From the article
Senator Bernie Sanders says the American public deserves a direct stake in the wealth being created by artificial intelligence.
In a video posted to X (1) on Monday, Sanders announced plans to introduce the AI Sovereign Wealth Fund Act, a proposal that would give the public a 50% ownership stake in large AI companies through a one-time tax on their stock.
How about we kidnap Elon Musk and make him give us all a little bit of his money before we tar and feather him?
if those running these AI companies want to sleep sound at night, it’s the morally right thing to do. should they choose to disenfranchise the rest of us then they should realistically expect mass civil unrest and eventually some rather nasty revolts. so we have an easy way and a hard way…pick wisely 😉
If the wealth comes from things like automated harvesting of food, free power and housing, yes, that would be the future where we are post scarcity as in Star Trek. Just as air is free, a future where everyone has what they need, medical care because maybe a human doctor can help 10 times as many people as he does today due to advanced robotics and other AI stuff. Even free or cheap automated transport.
Imagine automated restaurants with gourmet food where even the poor (if that remains a thing) can eat Michelin quality food. Imagine dangerously bad fast food becomes expensive but decent food is free.
Fear not AI if it is humanely administered.
It could be wonderful. It can happen.
**Downvoted?? What’s your big idea, have Elon Musk give everyone a million dollars?? If so, you are too stupid to have an opinion to share.**
I like how these people’s solution to social inequality is always let’s rob someone instead of designing a system with incentives in place that will benefit all no matter who succeeds.
This is the right thing to do. Issue a bunch of warrants, well over the current valuations, so that if AI delivers the systems and people who provided the basis upon which it has been built are appropriately rewarded.
There’s no AI without the electrical grid. There’s no AI without the water systems. There’s no AI without the internet and the content of everyone.
I’m still team Ed Zitron and think AI is less an actual threat to labor than a money laundering scam. But in the event I and he are wrong, who owns the technology and who reaps benefits will matter, and those models trained almost entirely on copywritten material, or on people’s personal social media. I think we should collect for that service. 💁♂️
LLMs we’re all trained on stolen data. It all belongs to us.
It’s interesting we think by automating unskilled or less skilled tasks, we will suddenly live in a post scarcity world. It’s like thinking McDonalds will suddenly charge us less for a burger cause we order via touch screens. Yet, that’s not the case. The burger gets smaller and more expensive.
Companies will always maximize profit. Even if we reduce the labor cost significantly, they’ll just grab that difference as more profit. Don’t fool yourselves into thinking a post scarcity world follows.
There is an interview with Bernie Sanders on the most recent Crashing Out podcast, it is within the first 5 or 10 minutes so you don’t have to listen to the whole thing, he explains why he is proposing this very well. Essentially, it’s a dividend, it’s recouping the cost in higher energy costs, lost jobs, lost natural resources.