AI will drive a new tech revolution, applying Moore's law to everything; to rebalance the newly created wealth, society should favor taxing capital over labor
My work at OpenAI reminds me every day about the magnitude of the socioeconomic change that is coming sooner than most people believe. Tweets: @sama , @sama , @sama , @pt , @stephenpunwasi , @waldojaquith , and @martinsfp Tweets: Sam Altman / @sama : AI is going to change a lot of things. The world is going to get phenomenally wealthy. I wrote about what I think will happen, and an idea for how we could change our economic system in light of it: https://moores.samaltman.com/ Sam Altman / @sama : Incentives are superpowers. If we can design a new system where everyone has aligned incentives, we'll be in good shape. Sam Altman / @sama : I think most value in the future will flow to companies and land, and we should consider adapting our system to tax those assets (and importantly, taxing companies in equity). We can then give that money to citizens and let them decide what to do with it. Parker / @pt : I thought this essay was pretty good. Thanks to the person who hate-tweeted it into my attention. https://twitter.com/... Stephen Punwasi / @stephenpunwasi : Damn. The higher taxes on land argument scored a heavy hitter today. @sama, one of the most influential people in tech, is discussing how we need to shift taxation to land in order to build a more equitable future. https://moores.samaltman.com/ Waldo Jaquith / @waldojaquith : “In the next five years, computer programs that can think will read legal documents and give medical advice.” I've read this prediction every five years for the past 25 years. https://twitter.com/... Martin Sfp Bryant / @martinsfp : I've just realised that he gave this blog post an entire subdomain to itself. Positioning it as a ‘why software is eating the world’ type pivotal piece? https://twitter.com/...