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> It could actually turn out that AI sacrifices 100 engineering jobs for 10 low-level service or prostitution jobs and a crap-ton of wealth to those already rich.

That's where wealth redistribution (Taxation) comes in. The USA is not good at progressive taxation, but everyone could be better off if it were implemented properly.



> The USA is not good at progressive taxation

The top 10 percent of incomes pay 76% of all income taxes, the top 5% pays around 55% of all income tax.

I would say it’s pretty progressive.


> The top 10 percent of incomes pay 76% of all income taxes, the top 5% pays around 55% of all income tax.

> I would say it’s pretty progressive.

That's a lesson in misleading statistics. Inequality has risen to absurd levels, and just keeps getting worse. It's not "pretty progressive."


First, you are thinking of people whose main source of wealth are assets, not income.

Also, I don't think inequality is a problem, it's better that than everyone being equal, because as history shows, even then, there are some that are more equal than others, and others are just poor.




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