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> AI tax should contribute to a SWF only to be redistributed as UBI Problem is that in practice they will be mismanaged by some senile politicians and end up i
by Nextgrid 4y ago
> AI tax should contribute to a SWF only to be redistributed as UBI
Problem is that in practice they will be mismanaged by some senile politicians and end up in the pockets of a few well-connected individuals.
I'm all in for fair taxation to provide a good safety net for people, but we first need to ensure those taxes are actually being used efficiently and not as politicians' friends slush funds or cash cows for consultancy companies.
- alenrozac 4y agoSo AI companies can do learning by doing, but govt can't? hm
- Nextgrid 4y ago> AI companies can do learning by doing, but govt can't AI companies can't use the law to force me to pay them. Governments can and do.
- alenrozac 4y agoTouche. I'd still lean to implementation. Something like stealing from SWF would drastically impact sovereign rating and sovereign's ability to borrow.
- mschuster91 4y ago> Problem is that in practice they will be mismanaged by some senile politicians and end up in the pockets of a few well-connected individuals. Norway and the Alaska Permanent Fund prove that this is not necessarily the case. The problem is there are relatively few SWFs in the world, and those that exist tend to be in oil dictatorships where no one is allowed to question the ruling class.