The pace at which US wealth concentration is rising is simply staggering The concentration of AI wealth into the hands

[gulliver]

5. Tax the AI

SMH, the chart itself is just talking about 2% of the wealth! What about that other 98%? Owned by mutual funds? Owned by pension plans?

Apparently, all it takes is a chart with no data source specified that shows a big spike, has words like "staggering" and "plutocratic" in it, and a bunch of "meanie face" icons, and everyone has their keyboard pitchforks out for the "wealthy." This is why we lose elections.

We've needed to tax automation, not just AI for a long time. One of these days we're going to figure that out. Automation replaces labor? Compute the payroll that would have gone to that labor, and tax robot owners some fraction of that, both for FICA (payroll) and the general fund. Or, just keep grumbling