Tag: Universal Basic Income

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post

Richard W. Stevens
Date
July 21, 2021

Categorized
Artificial Intelligence, Economics

Tagged
Artificial Intelligence, capitalism, Foundation for Economic Education (FEE), free market, Friedrich Hayek, guaranteed universal income, I Pencil, Institute of Electrical and Electronic Engineers (IEEE)), Leonard Read, Ryan Abbott, Socialism, Steven Cherry, Tax policy, The Reasonable Robot (book), The Use of Knowledge in Society (book), Universal Basic Income}

Should Robots Pay Taxes?

_{Taxing artificial intelligence is the latest proposal to expand centralized control of human life} _{Richard W. Stevens
July 21, 2021

13

Artificial Intelligence, Economics}

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 ›

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post

Jay Richards
Date
March 11, 2019

Categorized
Social Factors, Work

Tagged
Andrew Yang, economics, Featured, Unemployment, Universal Basic Income}

Universal Basic Income? Fear of AI Fuels Bad Economics

_{If new technology led to mass permanent unemployment, history would be an endless saga of expanding joblessness} _{Jay Richards
March 11, 2019

8

Social Factors, Work}

Although the coming shift will be abrupt, new technologies enable us to focus, as economists would put it, on our comparative advantage over machines.

Will the Free Market Help or Hurt Us in an AI-Empowered World?

_{We may need new institutions, such as insurance against job obsolescence} _{Winston Ewert
January 18, 2019

6

Technocracy, Work}

If humans are free to experiment with new institutions, I believe we will find an excellent solution. However, there is a great danger that those who benefit from the status quo will use their influence to prevent the adoption of new institutions. Read More ›

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post

Mind Matters
Date
September 17, 2018

Categorized
Machine Learning, Work

Tagged
Annie Lowrey, David Graeber, Jay Richards, Unemployment, Universal Basic Income}

Is the future of jobs over?

_{Should people be paid to let machines do the work?} _{Mind Matters
September 17, 2018

7

Machine Learning, Work}

Recently, there have been short-term limited experiments with a Universal Basic Income but it’s hard to evaluate a transformative social policy with such limited and cherry-picked data. And, says Richards, paying people not to work would simply slow their move into the job markets of the digital age. Read More ›