The industrial revolution really shook up the then current society.
The elites of the time, the Counts, Lords, and other Royalty elites of those times would not seen what was coming into the future.
The landed gentry, would not have expected the end of slavery, serfdom, and total changes of how wealth and status would change.
Its similiar with the AI revolution, there maybe great unemployment with AI that could lead to resentment and then high wealth taxes and then UBI.
Which could lead withe wealthy elites moving there capital and themselves offshore, it already has.
Most US tech companies are domiciled in Ireland where they pay little if any tax. If you has tax, they will tax there wealth and leave and give political donations to politicians to be left alone.
You may be able to fund UBI through SWF, or Sovereign Wealth Funds, like what is in Norway, UAE, and other countries. It may make sense for governments to treat information like the way oil is and taxed and put in a SWF and be used for the benefit of society, like education, possibly UBI or other things.
AI will probably change how we are governed.
If elites can buy there way out of problems like they did pre industrial society we may have to change how we see and practice government.
If elites have first mover status and can suck up wealth before people understand how wealth creation has changed with this new technology, then can buy there way out and bribe politicians to give us UBI where we just spend the income at tech companies then its just a wealth transfer like during covid and could make inflation a bigger problem.
I think we cant stop AI but could find a better way to tax tech companies for the free to low cost way they capture our data and use it against us and get first mover advantage.
Maybe thats through citizens owning our data and we get paid for it, maybe through UBI. Or other ways.
I want to transition to a society with more liberty and less dependence on UBI or and government hand outs that creates dependency.
I dont know how it all unfolds but the cat is out of the bag especially in the US, China, probably Russia too.
Id guess the EU will be one of the first big losers but not all Europe.
Not Switzerland, or Norway and a few other places where tax is low and culture still binds the citizens to continue to cooperate, IE high trust society, maybe Sweden but im not sure and Denmark too, it seems to me to becoming unglued their.
Im even thinking places in the South Pacific will be ok because no one cares about those places except maybe China and the US and to a limited extent Russia.
In the end I expect this will be a huge wealth transfer to any who understand whats going on and plans for it and takes advantage of it, which unfortunately wony be everyone, especially in the Western middle class.
Good Luck.
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