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> [I]f most countries will not be able to tax ultra-profitable A.I. companies to subsidize their workers...This kind of dependency would be tantamount to a new
by analyst74 8y ago
> [I]f most countries will not be able to tax ultra-profitable A.I. companies to subsidize their workers...This kind of dependency would be tantamount to a new kind of colonialism.
This is an interesting observation, it is actually already happening now with Internet companies, and to a lesser degree physical product companies with global reach (like Apple and Amazon). Money flow from local economies into those companies who don't pay much local tax nor creating much local employment. That could eventually drain the well dry.
Countries suffered from colonialism have been catching up to the developed world in terms of standards of living in the past 100 years. I wonder if the above effect will reverse that course.
- wsinks 8y agoSo - we end up with Elysium?