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arctic-true | 12 days ago

A simpler answer would simply be that, if you lay someone off on the basis that an AI can replace their entire job functionality, you have to keep paying their salary dollar for dollar until they find something else to do. This incentivizes companies to try and figure out creative ways to continue using their existing workforce to maximize the value they get out of AI systems.

You’d counterbalance that - and solve the other problem - by offering massive tax relief for companies who hire junior employees. In the same way that we use tax relief to encourage real estate and infrastructure investment in underserved areas, we can use it to tip the scales of economic rationality toward continuing to employ young people with no experience or specialized expertise.

Notice that neither of these proposals requires redistribution as such (seizing wealth).

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etiennebausson|12 days ago

> A simpler answer would simply be that, if you lay someone off on the basis that an AI can replace their entire job functionality, you have to keep paying their salary dollar for dollar until they find something else to do.

This just incentivize them to find different official reason for firing. Like missed deadlines (that sudently became shorter) or in computing job code quality (due to reduced deadlines).

> This incentivizes companies to try and figure out creative ways to continue using their existing workforce to maximize the value they get out of AI systems.

This doesnothing for the current issue of job market entry positions, where there is the most pressure from AI. Only help people only in position.

hdhdhsjsbdh|12 days ago

So then the corps find a way to fire you for something other than AI displacement, replace you with AI anyway, and you’re on your own. Basically identical to firing someone in a clever way that avoids having to pay unemployment, which already happens quite frequently.

I don’t understand why taxation is so off limits to this crowd. We seem to live in a death cult where avoiding a slight inconvenience to 100 people is more important than providing a decent standard of living for the other 345 million people. You can invent whatever clever little solution you want in the meantime but eventually the chickens will come home to roost.

pixl97|12 days ago

>I don’t understand why taxation is so off limits to this crowd.

HN is filled with lots of temporarily depressed millionaires and many actual millionaires too. These are the ones that have bought into zero tax, government is all bad, free market capitalism for me Rand'ian ideas without any systematic thought on how their ideas would work out in practice.

Add to this that a lot of media, and pretty much everything on TV, is owned by billionaires these days that use the news as their platform to propagandize on why they should own more of everything and become richer, so it's not exactly surprising we're at this place.