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What Do We Need To Know About Life After Capitalism?

At COSM 2021, a number of thinkers will discuss and debate the pressing questions

Recently, George Gilder and Jay Richards enjoyed a wide ranging discussion on the topics and people that will converge for the COSM 2021 Technology Summit: From Life After Google to Life After Capitalism. They cover the paradoxes of the future of technology. Here is a partial transcript of the first ten minutes: Jay Richards: The theme of COSM 2021 is Life After Capitalism, which is also the name of your forthcoming book. What does that mean exactly? What are you referring to, this idea of life after capitalism? George Gilder: In the last few months, literally trillions of dollars of new money has been printed. Money has been deprived of its informational content. It’s now merely an expression of government Read More ›

Robot Examining Financial Report With Calculator

Should Robots Pay Taxes?

Taxing artificial intelligence is the latest proposal to expand centralized control of human life

In June 2021, we started considering the provocatively titled podcast transcript, “Can a Robot Be Arrested? Hold a Patent? Pay Income Taxes?”, posted on the IEEE Spectrum site. Steven Cherry interviewed Ryan Abbott, physician, lawyer, and professor, about these topics and referencing his 2019 book, The Reasonable Robot: Artificial Intelligence and the Law. We’ve discussed whether artificial intelligence (AI) systems could be charged with crimes or can hold a patent. Whether “robots should pay taxes” turns out to be the scariest question yet. Touching upon the subject only lightly in the podcast, Abbott details the problem of taxing AI in Reasonable Robot, following this thought process: Automation using AI threatens to increase human unemployment. Current U.S. tax law encourages automation through favorable treatment Read More ›

Magnet

Centralization Is Not Inevitable

Even technology is not inevitable; it comes and goes

The coronavirus has demonstrated that centralization has its limits. It's not inevitable, as a recent Analysis post suggests. I predict that when the dust settles on this coronavirus outbreak, the order-of-magnitude greater death rate in China, compared to the 2003 SARS outbreak, will be blamed on central planning.

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