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1. Tero Keski-Valkama (tero@rukii.net)'s status on Monday, 15-Jan-2024 17:18:37 JST Tero Keski-Valkama

   Whether inequality worsens or not is a political choice, not something inherent in a technology. Technology creates well-being with decreased toil inputs. How we distribute the production depends on how you vote.

   Automation tax is not the solution, we actually want all the sectors to automate instead of giving tax incentives for not automating. So we need increased business, capital gains and wealth taxes across the board to compel businesses to automate.

   The taxes can pay for a UBI, and automation makes everything free. After a short transition time people won't need money for anything, and so no amount of money is enough to pay for anything. Money becomes both priceless and worthless.

   AI is not for making money, money is for making AI.

   AI to hit 40% of jobs and worsen inequality, IMF says - BBC News https://www.bbc.com/news/business-67977967

   • LS (lain@lain.com)'s status on Monday, 15-Jan-2024 17:18:22 JST LS

     in reply to

     • iced quinnsmas :blobcatsanta:
     @icedquinn @tero will there be an automation tax on dishwashers and washing machines?
   • iced quinnsmas :blobcatsanta: (icedquinn@blob.cat)'s status on Monday, 15-Jan-2024 17:18:23 JST iced quinnsmas :blobcatsanta:

     in reply to
     @tero why does anyone care what the IMF thinks, though. they're just the social arm of neoimperialism :blobcatgoogly:
     
     i think the original automation tax suggestions were thought to pay for the displaced workers. i think they'd embezzle it like everything else--but that was one of the old proposals.
     
     i wondered about this from the perspective of measuring labor by 'standard human work hours', as in, measure all labor as though you had a human doing it with little/no tools.
     LS likes this.
   • iced quinnsmas :blobcatsanta: (icedquinn@blob.cat)'s status on Monday, 15-Jan-2024 17:21:21 JST iced quinnsmas :blobcatsanta:

     in reply to

     • LS
     @lain @tero i don't think automation taxes ever got anywhere.
     
     we've already had numerous people look in to the problems of automation related job displacement. the most infamous being Marx, the most forgotten being C. H. Douglas. :ablobcatpopcorn:
     LS likes this.