Louis Savain
Aug 23, 2017 · 1 min read

“ One way to address this problem which I haven’t noticed anyone discussing yet would be to turn automation and AI into publicly-owned resources.”

This would be a band-aid solution to a much larger problem. The only reason that we, as a society, fear the coming of full unemployment is that we have a bad (some may say, evil) economic system. A good system would welcome automation with joy. We are being ripped off.

The only way to solve the problem is to realize that capital, which represents the wealth of the earth, belongs to all. Workers are only worthy of their wages. Everything else belongs to the people, including the corporations and their profits. We need a system that is based on free market forces but a system that works for the people. That is to say, we should get paid by the system and not pay taxes to it. And the payments should be fair and equitable. There is no reason that unemployed Bill Gates or Mark Zuckerberg should get paid more than unemployed Joe or Jane. Extra money should be earned by working for it. This will come to pass in our lifetimes.

PS. I abhor communism and socialism because they destroy the free market.

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    Louis Savain

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    I rebel, therefore I am. Working on the AGI revolution.