Got it, thank you for the helpful feedback and I will seriously consider abandoning this approach.
Submitted, thank you.
Would you be able to please include my startup Preamble, Inc. as a service provider in the tech category? https://preamble.comThank you for organizing all these resources in a way that makes them easy to find. This is pretty valuable for the community!You also might want to partner with a project which is related to your called AVID, which is the AI Vulnerabilities Database.https://avidml.org/
You’re absolutely right. Unless tax policy catches up fast, stuff like the robots that replace fast food chefs is taking money out of the little guy’s wallet and right into the hands of the wealthiest business moguls who no longer have to pay human wages.
This fundamental issue is addressed very well in an excellent book you might love to check out, called Taxing Robots, by Prof. Xavier Oberson, a Swiss economist. Here’s the book on Amazon: https://a.co/d/eWjvuWE and here’s a summary: https://en.empowerment.foundation/amp/taxing-robots-by-xavier-oberson-professor-at-geneva-university-attorney-at-law-1
After getting even a page in, the core premise of the book seemed so obvious in retrospect, but hasn’t caught on as a possible solution: we need to fix the fact that algorithms and robots don’t pay income tax! Income tax disincentivizes human labor, thus effectively subsidizing robots! This needs to be fixed!
There are two possible solutions:
Left-wing approach: tax algorithmic labor at a similar or higher rate as human labor
Right-wing approach: repeal income tax! Make entitlement cuts to help fix the budget but also add back lost tax revenue by making so-called “Pigouvian” taxes on harmful activities like pollution.
Though my politics lean a bit more left, I think this is an area where republicans have the ideological advantage, as getting rid of income tax and standing up a new carbon tax is doable, Whereas in the dem’s solution, you need to somehow define what is labor-saving automation in the tax code, which seems really hard to define fairly due to the influence of special interests.
Though I voted for Obama and Biden, I would happily vote for DeSantis if he ran on repealing income tax and fixing the budget gap in other ways that don’t penalize human workers!