Labor-produced AI pins the complementary-to-substitutable wage ratio to AI productivity alone, and Pareto-improving taxes on AI builders (and monopoly rents) must evolve with productivity and market structure.
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The Economic Benefits and Costs of AI and Policies to Mitigate AI's Impact on Inequality
Labor-produced AI pins the complementary-to-substitutable wage ratio to AI productivity alone, and Pareto-improving taxes on AI builders (and monopoly rents) must evolve with productivity and market structure.