NEWYou can now listen to Fox News articles!
Our socio-economic system is faced with an existential threat of AI. In our capitalist society, most people depend on jobs to maintain themselves. The American government, in turn, depends strongly to tax the income of individual workers for income.
While artificial intelligence gradually eliminates employment opportunities, an increasing number of individuals will be faced with severe insecurity of employment, resulting in a corresponding decrease in federal income. A radical action is now necessary to move away from a dystopian collapse towards better possibilities.
More specifically, income -based taxes must be replaced by another form of taxation, and the unemployed support mechanisms must be adapted to support a large population which will have been pushed out of the labor market. Since the use of AI in place of human workers is the cause of the problem, it is logical that the commercial use of AI systems should be imposed to compensate Americans for lost wages and the federal government for loss of income -based taxes.
The revenues received by the American government are currently based on the taxation of working humans.
The motivation of these concerns is that the capabilities of the AI advance rapidly, and although most jobs are currently safe, it becomes clear that AI will eventually do almost all tasks more efficiently and at a lower cost than people. From manufacturing to customer service and even creative fields such as writing or music, machines already show that they can surpass humans.
Ai can’t wait: why we need speed to win
The wide range of robots under development will extend the scope of AI to include physical jobs, such as construction, health care and house cleaning. Although this transition does not occur overnight, it is inevitable. Companies will continue to replace human workers with AI -led systems because it saves money and stimulating productivity. The question is not if AI will take control of most jobs, it is when.
A future where robots do all the work could be great if we now plan the societal implications of generalized unemployment. The obvious problem is that unemployed, people will have no way to pay for food, accommodation or anything else. The slightly less obvious problem is that the revenues received by the United States government are currently based on working humans.
The addition of payroll, income, social security and drug taxes represent more than 80% of federal income together. As unemployment increases, the tax base decreases, resulting in a substantial drop in government income. Our economy will be faced with a double decrease in the decline in revenues while increasing the number of people who, truly and without lack of their own need.
AI is to reshape business. This is how we stay ahead of China
Traditionally, the question of support for non-wirers, for example, through universal well-being or basic income (UBI), has been reprehensible for many, because it fundamentally involves taxing the production of workers to support those who do not work. This type of wealth reallocating evokes alienating comparisons with socialism or communism. Even if we were ready to accept the idea of taxing workers and using money to support others, which requires a large pool of workers to tax, which we will not have because the AA will have taken their jobs.
However, with AI Replacement of human workersWe have an alternative method to finance support mechanisms like UBI. What we have to do is find a reasonable way to tax the work done by AI and distribute the product rationally to human beings.
This proposal is very different from socialism or communism in that we do not take the fruits of a person’s work and do not give them to someone else. Instead, we take the product of the IA / robot effort and share them with humans.
How the Trump team can ensure that AI represents American innovation
Since AI systems have been trained on large quantities of public data, there is even a convincing economic justification to tax these AI systems and return money to the public. Consider it as license costs paid to American citizens to use their data.
Of course, many Americans also oppose companies. From Amazon to Maman-et-Pop grocery store, the concern is that taxes would be heavy and harmful to the company.
However, these companies will see huge savings to replace workers who may cost $ 30,000 to $ 300,000 per year by robots which could easily cost less than $ 30,000 and have annual maintenance and electricity costs Much less than $ 20,000 per year. The savings for non-physical work will be even more important because they will not require a physical robot, just an AI in progress in the cloud.
Click here for more Fox News opinion
As a bonus, these AI workers work 24/7 without the need for rest. (Note that the electricity bill not Be prohibitive. The formation of a large AI can be expensive, but once trained, it can be reproduced several times with each copy capable of operating on a high -end personal computer using less than $ 10 in electricity per day.)
When a robot based on AI does something, a sandwich or a car, it creates a new value: the difference between raw materials and the final product. A similar value is also created if the robot undermines gold or wood harvesting. If a human was doing the work, this value would be divided in three ways: employer, human employee, government. However, when a robot does the work, there is no human employee in the split.
Essentially, I suggest that we find a way to put humans back in this equation. The way it seems most obvious to me is that AI work must be taxed and that the product has used to support American citizens via UBI, or something similar.
Click here to obtain the Fox News app
Admittedly, we do not know how we must really measure the “AI work” in a reasonable way, but even if it was a fatal defect in this proposal, the problem of motivation of the AI which takes control of Most jobs are still in advance. Whether it’s working on AI or something else, we have to find a plan and start implementing it now.
We could have a brilliant future where people could live their lives comfortably, focused on their own passions instead of working for others. Or, if you want to see the alternative, go watch the games of hunger.
Click here for more James O’Brien
Warning: Any opinion expressed in this article are only those of the author as a private individual. Nothing in this article should be interpreted as a declaration made regarding the professional post of the author to any institution.