David Patterson: superintelligence will end profit and equity growth, only sales-tax-funded universal high income works
davidpattersonx · x · 2026-11-11
Quoting an anecdote from China's AI scene—AI short films boomed, early adopters made money, then within months everyone could produce equal quality since all expertise fit in a markdown file—David Patterson argues that taxing or redistributing SI companies' profits or equity can't solve SI-driven unemployment. Superabundance will drive profits and equity values toward zero, ending capitalism at its own optimal limit; the only solution is universal high income funded by sales tax.
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