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AI job displacement sparks debate on UBI funding and AI taxation

The question of how to fund a universal basic income (UBI) in an era of AI-driven job displacement is being debated. One proposed solution is to tax AI systems, but this raises questions about ownership and potential capital flight, as seen with France's past experience taxing its wealthy citizens. AI

IMPACT AI's potential to displace jobs raises complex questions about funding social safety nets like UBI and the feasibility of taxing AI systems.

RANK_REASON The item discusses a hypothetical policy question about AI's impact on UBI and taxation, without announcing a new product, model, or research.

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  1. Mastodon — mastodon.social TIER_1 English(EN) · richardgolian ·

    Who will pay for a universal basic income when AI takes the work? Tax the AI... but the AI has an owner Example: France taxed its rich. Between 2000 and 2017, a

    Who will pay for a universal basic income when AI takes the work? Tax the AI... but the AI has an owner Example: France taxed its rich. Between 2000 and 2017, about 60,000 millionaires left. Macron scrapped the tax in 2018. # economy # ai