US EditionOpenAI Proposes Wealth Fund, Robot Taxes for AI Era
The proposal would redistribute AI gains through public funds and tax changes while urging employers to test 32-hour weeks and expanded benefits.
- On Monday, OpenAI released policy recommendations described as "initial ideas" to address AI-driven economic disruption, including a public wealth fund, taxes on automated labor, and incentives for a four-day workweek.
- These suggestions arrive as fears grow over AI-driven job losses, with recent software industry layoffs at Block and Atlassian occurring during a market shift some analysts call a "SaaSpolcalypse."
- The policy document also recommends expanding the electricity grid and strengthening the Social Security and Medicaid safety net, including temporary measures like expanded unemployment benefits.
- OpenAI CEO Sam Altman supports Universal Basic Income and a "Universal Basic Compute" model, while Anthropic CEO Dario Amodei wrote that the economy "will no longer make sense."
- Framing the transition as a "New Deal-like" overhaul of the social contract, the company emphasizes navigating the shift through a democratic process that gives people power to shape the future.
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56 Articles
Sydney Morning Herald
Four-day week and robot tax: How tech giant plans to survive AI apocalypse
A blueprint released by OpenAI boss Sam Altman includes ideas to socialise the monetary gains from AI by giving people “a stake in AI driven economic growth”.
OpenAI called for broad reforms to address the rapid growth of AI, including the creation of a public wealth fund, taxes on automated work and the possibility of a four-day workweek. “We are beginning a transition to superintelligence: AI systems capable of outperforming the smartest humans even when they are assisted by AI. No one knows exactly how this transition will play out. At OpenAI, we believe we need to manage this through a democratic …
(San Francisco = Yonhap News) Correspondent Kwon Young-jeon = OpenAI, the developer of ChatGPT, is approaching the era of superintelligence that surpasses human intelligence...
US company proposes public wealth fund, tax overhaul, 4-day workweek, and grid expansion to address risks of job losses, rising energy demand from AI systems
OpenAI on Monday called for sweeping reforms to address the rapid growth of artificial intelligence, including a public wealth fund, taxes on automated labor, and a potential four-day workweek. "We're beginning a transition toward superintelligence: AI systems capable of outperforming the smartest humans even when they are assisted by AI. No one knows exactly how this transition will unfold. At OpenAI, we believe we should navigate it through a …
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