Of course it's robbery. I don't think anyone is truly arguing it's not. The issue is that, if we don't do it, China will. Game over.
I'm surprised I hvan't seen more economist scholars exploring this topic; it's a fastincating phenomenon. I've seen folks try and re-visit history and compare what's happening with AI to some historic event--but, we've never seen anything quite like it. As much as history repeats itself; at the forefront of innvotaion it doesn't.
I suspect that there will one day be an AI tax as society tries to reclaim the value of the theft; maybe even UBI of some form. Until then, buy the stocks and ride the theft wave. The economsits are certainly exploring the K shaped economy, and this is why.
I'm surprised I hvan't seen more economist scholars exploring this topic; it's a fastincating phenomenon. I've seen folks try and re-visit history and compare what's happening with AI to some historic event--but, we've never seen anything quite like it. As much as history repeats itself; at the forefront of innvotaion it doesn't.
I suspect that there will one day be an AI tax as society tries to reclaim the value of the theft; maybe even UBI of some form. Until then, buy the stocks and ride the theft wave. The economsits are certainly exploring the K shaped economy, and this is why.