> let's just tax the hell out of AI companies and redistribute.

That's not what I favor because you are inserting a middleman, the Government, into the mix. The Government ALWAYS wants to maximize tax collections AND fully utilize its budget. There is no concept of "savings" in any Government anywhere in the World. And Government spending is ALWAYS wasteful. Tenders floated by Government will ALWAYS go to companies that have senators/ministers/prime ministers/presidents/kings etc as shareholders. In other words, the tax money collected will be redistributed again amongst the top 500 companies. There is no trickle down. Which is why agreements need to be between creators and those who are enjoying fruits of the creation. What have Governments ever created except for laws that stifle innovation/progress every single time?

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carlob 9 minutes ago | parent | next [-]

> What have Governments ever created except for laws that stifle innovation/progress every single time?

https://www.youtube.com/watch?v=Qc7HmhrgTuQ

In all seriousness without the government you would have no innovation and progress, because it's the public school system, functioning roads, research grants a stable and lawful society that allow you to do any kind of innovation.

Apart from that, you have answered to a strawman. I said redistribute, not give to the government. I explicitly worded things that way because I don't think we should not be having a discussion on policy.

I think we are moving to an economy where the share of profits taken by capital becomes much larger than the one take from labor. If that happens then laborers will have very little discretionary income to fuel consumption and even capitalists will end up suffering. We can choose to redistribute now or wait for it to happen naturally, however that usually happens in a much more violent way, be it hyperinflation, famine, war or revolution.

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LadyCailin an hour ago | parent | prev [-]

Uh, no? https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Nor...

Just because you have a failure of imagination for how government should work, doesn’t mean it can’t work. And stifling innovation is exactly what I want, when that innovation is “steal from everyone so we can invent the torment nexus” or whatever’s going on these days.

	▲	kshri24 an hour ago \| parent [-]
		Pension fund is an example of what exactly? All countries have pension funds. This has nothing to do with Governments wasting money. Please go beyond tiny European countries that have very few verticals and are largely dependent on outside support for protecting their sovereignty. They are not representative of most of the World. > As its name suggests, the Government Pension Fund Global is invested in international financial markets, so the risk is independent from the Norwegian economy. The fund is invested in 8,763 companies in 71 countries (as of 2024). Basically what I said above. You give your tax dollars to Government and it will invest it into top 500 companies. In the Norway Pension Fund case it is 8,763 companies in 71 countries. None of them are startups/small businesses/creators. > And stifling innovation is exactly what I want, when that innovation is “steal from everyone so we can invent the torment nexus” or whatever’s going on these days. You are confusing current lack of laws regulating this space with innovation being evil. Innovation is not evil. The technology per se is not evil. Every innovation brings with it a set of challenges which requires us to think of new legislation. This has ALWAYS been the case for thousands of years of human innovation.