No-one will have to be worried about budgets once SkyNet takes over.
It’s just gonna be the same 8 companies passing money between each other. Kinda like the Nvidia/openAI circle jerk. Us peasants will live in company towns, and be paid in company dollars that we can spend to buy food and water, from the company. Don’t worry, they’ll deduct rent straight from our checks.
Companies they already have most of the wealth and one reason stocks don’t follow reality anymore. As long as they are willing to pass money around price goes up.
It’s not that hard
Wealth caps. Worldwide. Start at something reasonable, say 10 million
Anything over that goes 100% tot axes. Nobody has a “right” to more than that, nobody needs more than that. No, you don’t NEED three Lamborghini’s, you don’t need 20 houses.
Keep everything else the same, just a single rule to make a huge difference
Governments now will have enough income to fund a huge social net with free education, free healthcare, universal income so that people can spend money to keep the economy running
People now can choose to do some of the little work left.
On a side note: fuck these AI clowns for focussing on AI on exactly those tasks that make life worth living instead of focussing on the mundane shit tasks that nobody wants to do. Garbage collection still requires humans yet these shit stains claim that art andusic is now covered. Yay! Now we have shitty AI art and shitty jobs!
So I am working on the mundane task part…
Not really the part of “wealth caps”, but still, good on you!
Yep, can’t do much about that other than vote and write my useless representatives. Taking back what they stole and putting it to work for the masses, to do the grind, that’s something I can do now.
Peregrine, Snipe, and Kiwi are all available for free on the managed cloud accounts and I’m handing out beta keys for free for a while so please do try them out if you find one that’s useful!
you don’t even need that. If you have more brackets and keep going up in percentages and tax every type of income including investments in progressive way then you will get to a point where its just to hard to make more than say 10 million. We basically had this. When we had tax brackets that went up to 95% and only 40% for investment and that limited wealth quite a bit. Rates need to be the same regardless of source be it inheritance, lottery winnings, wages, or investments. Heck im fine with not paying taxes on things if you legally lock it up so it can’t be sold. still have to pay any income it creates year to year but can’t sell it or transfer it in any way. combine this with a 1% tax on all buying and selling which would be a massive reduction for most purchases but would be a vast increase for stock and bond trading. would completely clear out short term trading.
The point of the cap is more to really have it clear that NOBODY has the right to hoard wealth. Everybody can be free to live the way they want to, everybody can live perfectly comfortable, and the psycho types amongst us that need to have that little bit more than the rest are perfectly fine being a little richer than the rest while spending their lives on work, if they like that… But nobody is allowed to be crazy rich anymore. If you don’t cap it, ways will be found around it, they will add a few laws, repeal a few others, and we’re back to today again.
This is just a single hard stop, no ways around it, you have a hard physical limit, and anyone even remotely suggesting we can drop this rule is known for being a hoarding pyschopath immediately.
Agreed. The promise of AI when I was younger (80s 90s) was it would do all the jobs no one wanted and we as humans could focus on arts, entertainment, and leisure. Somehow along the way those got crossed.
Politically the system of work in return for pay will have to change. Maybe a small amount of people may still work but most will probably get basic universal income. Thats the only politically feasible outcome
Rich will give robots money to spend on them to make the feel better
This is pretty much what the empires in the world war era were asking. They found the answer and it was poor, developing countries.
Rich people mostly. But you can save your camp currency/scrip for a few years and buy some approved shoes or whatever at the work camp store.
Hmm 🧐
First, we need high tax rates, and freedom dividends. This allows entire society to benefit from productivity increases.
Work being more entrepreneurial and sales/financing focused, lets people (who are supported by UBI/freedom dividends) invest their time in designing products and services that can rent robots/computers/AI to deliver profitable value to consumers, who because of UBI/freedom dividends can afford said value.
Removed by mod
I think you missed that detail where communism caused massive poverty and starvation
Amazing that you get down voted for pointing out facts. Tankies sure are a thing and I can already hear them writing a furious reply to this post
Thankfully this isn’t hexbear or some other tankie instance because there, I’d be 100% banned for wrongthink.
There’s a substantial difference between living a bourgeois lifestyle and being fed that I think you’re discounting.
In many instances communism couldn’t even feed their own citizens. In case of USSR puppet states even most basic products were rationed, like bread, shugar or chocolate. If you needed a washing machine, you couldn’t just go and buy one with your money, you had to hunt for one like for GPU during crypto boom. in 2021 And if you wanted a computer, like ZX Spectrum, or Commodore, you could only get it for these filthy capitalist dollars.
And you know how much people earned in dollar terms? like $50 monthly.
I am not well read on the subject, so forgive me, but how much of those USSR puppet issues were caused by Communism itself, and not by misguided Stalinist agricultural / industrial policy?
The core of these misguided policies was control of means of production in form of centrally planned economy. It just didn’t work.
Congratulations, you just described capitalism
Removed by mod
How many did he kill according to communist propaganda?
Removed by mod
Okay you’re just a dumb tankie.
Read about Holdomor. Read about starvation under Mao in the 60s. Or in North Korea in the 90s. You should also look into Russian gulag slave camps. And into avg quality of life of Ussr VS western cityzens.
TLDR you bought into communist cult.
You are not attacking communism, you are talking against totalitarian regimes. People were starving in the great depression too. People today work two jobs just to stay alive, i feel you are not one of them.
It just happens that communist regimes commited all these atrocities. Pure accident.
People were starving in the great depression
Great depression happened once and had the span of 10 years. Communism has history of massive poverty and starvation over the entire 20th century. For the entirety except few periods of economic distress, the wealth difference between communist and capitalist states is unquestionable. Communism doesn’t work. It doesn’t work to the point of former USSR puppet states voting it away in democratic elections… Once the fall of USSR allowed untampered elections that is.
Removed by mod
Theoretically if robots make everything, everything is free.
Not in a capitalist economy.
Once robots can do all the work for the rich, why would they bother to give anything to the poor?
Because robots would build more robots making robots worthless
This doesn’t answer their question at all.
Automate the work no one wants to do and we can all grow and explore our own interests. Star Trek here we come! Don’t chase money chase betterment of oneself and society. Sadly we will destroy ourselves way before it happens.
People and land become “the stuff” and are abused and traded as they wish.
The 🅱️obots.
you will own nothing
