Sam Altman's essay, "Moore's Law for Everything," anticipates a future shaped by advanced AI leading to unprecedented wealth, but also significant socioeconomic disruption. The author argues that current public policy is inadequate for this shift and advocates for a new system to fairly distribute the coming wealth. He proposes taxing companies and land to fund an "American Equity Fund," which would provide annual distributions to all adult citizens. Altman believes this approach, akin to "capitalism for everyone," aligns incentives and ensures everyone benefits from technological progress, creating a more equitable and prosperous society. This would shift the focus to optimizing collective good rather than simply mitigating harm. The author believes that technology is creating more wealth and policy is needed to ensure that wealth is fairly distributed, making necessary resources affordable for everyone.

Link to article: https://moores.samaltman.com/

Hosted on Acast. See acast.com/privacy for more information.