@avidseries@jk_rowling Probably, in less than a decade from now the conversation would be about how low the IQ of the whole human race is compared to that of AI prevalent at that time! 😄
Taxing AI profits to fund UBI/UHI sounds good in theory, but it’s a big mistake.
Directly or indirectly increasing taxes on projected AI earnings now would stall the massive capital investments required to bring the benefits of AI to society in the first place and will effectively kill the R&D race. Corporations are making massive bets right now—if you cap the upside, you stop the progress.
A more sustainable solution for employment shifts:
Extend/enhance unemployment benefits gradually using revenue from current tax structures as profits rise. Use the surplus revenue governments will naturally receive from increased corporate efficiency under existing tax laws for enhanced unemployment benefits.
Let the "AI Deflation" work: As costs of goods approach zero existing safety nets will go much further and provide a higher quality of life.
Transition the workforce by encouraging direct or indirect investment in the growing economy. Encourage more people to participate in the growth as investors, rather than just recipients.
Don’t break the engine of growth before it starts. Market competition—not premature taxation—is the best way to maximize the wealth created by AI for everyone through competition and lower costs.
I still don’t get why this is such a hard decision for some.
This deal is great for Tesla shareholders!
Musk gets paid only if he grows Tesla’s value by $7+ trillion in 10 years — no cash, just stock. He hasn’t taken any real pay for years, and most of what he earns he says, would toward pushing humanity to Mars and beyond.
If he succeeds, that’s massive new wealth for shareholders, suppliers, the U.S., and the world. If not, shareholders lose nothing.
@TrumpWarRoom In a democracy, when a party leader is continuously portrayed as a dictator by an opposition party, if the majority of the people of that country still willingly elect the leader in a free and fair election, that country is still a democracy, and not a dictatorship.
@nytimes That is how humans are trained from birth too, by reading a variety of materials and building upon what they learned to become experts in various fields. Unless AI repeats what is published verbatim without giving credit, it is no different from how humans learn.
@GOPoversight@RepJamesComer Even when Hunter Biden was getting millions of dollars from various places in those few years, why was Hunter often complaining that he had no money? Has the Comittee traced where all that money went from Hunter Biden? To any offshore account?
@elonmusk Sustainability needs to be considered in all circumstances, not just for environment, but also for such things as uncontrolled migration of people!
@Diablo6714 @elonmusk Yes, Elon could make small, self contained direct CO2 capture from air machines, the size of a semi-truck, and powered by his solar panels and Tesla batteries. Then, companies and businesses could install them and claim that they have zero or negative emissions!
@elonmusk Great presentation! As you proposed, we can get to zero net emissions by 2030, but how can we remove excess CO2 that is already accumulated in the atmosphere? Can you design, engineer, manufacture and sell small machines that extract CO2 (and other pollutants) from the air too?
@elonmusk As a visionary entrepreneur, a better solution could be for you to invent, manufacture, and market carbon extraction and sequestration mini plants (powered by solar panels) and sell thousands of them to corporations and governments throughout the world, to solve global warming!
@Tesla@elonmusk@jeremyjudkins_ Elon, why don't you make a smaller version of Powerwall available as an optional accessory in Tesla cars to get additional range for those having range anxiety while driving Teslas.
@DeonardoLeVinci @ExogenyKarl @JoeBiden Then the solution is to work on a legislation to make getting an ID easy and free for all citizens of USA, not trying to pass a law to not require an ID to vote!
@DonaldJTrumpJr What we need now is a peer to peer version (like the old Napster) of an app similar to Twitter that is in Open source. If that happens, the current people controlling social media companies will be out of business soon!