The technological race among industry giants and the wave of layoffs they have announced has revived the debate about the advisability of taxing automation
ok apparently we do in fact tax tools. And I can see how AI, being on the cloud, might not normally fall under computer equipment or other things that would be taxed, thus needing it to be specifically included in tax law. Fuck me on that one.
I’ll give you that.
BUT
I still stand by this being a bandaid to a much larger problem concerning capitalists exploiting the labor of many and not being required to give everyone fair pay/equity. The inequality between the workforce and the ownership class is the problem. Them using AI is just their current tool of oppression, but not their only.
We need to address the root cause and directly tax the billionaires. And remove stock backed loans or at least realize their gains and tax them whenever they do use them as collateral for a loan. Shouldnt be able to claim unrealized gains and use it for collateral at the same time.
If companies start giving everyone fair pay/equity all the system collapse, even China the most communist country in the world right now don’t do that, inequity it’s what keep a certain amount of money flowing, unless you want all people dying of hunger or worst. I’m not saying capitalism is the perfect system but the imperfection of it it’s what make it work. we can’t pretend a perfect world is possible and make a living on dreaming. there will be always poor people and rich people just like there are smart people and dumb people, no everyone is equal.
It’s cooperation that got us here. It was that cooperation that made the infrastructure which without these people could not have accumulated the amount of wealth they are accumulating.
The government’s sole purpose is insuring and guiding this cooperation. This should also include guiding a reasonable distribution of wealth. It will not be a prosperous society if only a few men have all the wealth and resources.
This does not mean we should all have equal wealth either.
But as a society, maybe we should rethink how we guide this distribution.
I mean, we easily could.
I pay property tax on my business tools.
So you just extend that concept. I don’t see why not.
ok apparently we do in fact tax tools. And I can see how AI, being on the cloud, might not normally fall under computer equipment or other things that would be taxed, thus needing it to be specifically included in tax law. Fuck me on that one.
I’ll give you that.
BUT
I still stand by this being a bandaid to a much larger problem concerning capitalists exploiting the labor of many and not being required to give everyone fair pay/equity. The inequality between the workforce and the ownership class is the problem. Them using AI is just their current tool of oppression, but not their only.
We need to address the root cause and directly tax the billionaires. And remove stock backed loans or at least realize their gains and tax them whenever they do use them as collateral for a loan. Shouldnt be able to claim unrealized gains and use it for collateral at the same time.
If companies start giving everyone fair pay/equity all the system collapse, even China the most communist country in the world right now don’t do that, inequity it’s what keep a certain amount of money flowing, unless you want all people dying of hunger or worst. I’m not saying capitalism is the perfect system but the imperfection of it it’s what make it work. we can’t pretend a perfect world is possible and make a living on dreaming. there will be always poor people and rich people just like there are smart people and dumb people, no everyone is equal.
I mean real world isn’t equal.
It isn’t black and white either.
It’s cooperation that got us here. It was that cooperation that made the infrastructure which without these people could not have accumulated the amount of wealth they are accumulating. The government’s sole purpose is insuring and guiding this cooperation. This should also include guiding a reasonable distribution of wealth. It will not be a prosperous society if only a few men have all the wealth and resources. This does not mean we should all have equal wealth either. But as a society, maybe we should rethink how we guide this distribution.