No post-labor economy driven by capital equity and sovereign wealth? I thought citizens would own shares of automated businesses like Amazon as a form on income and mega-corp democracy
I’m skeptical people will be down to hand over their wealth like this. Why would citizens own share of automated businesses like Amazon but not of their local bakery next door which would also be fully AI run?
A lot of problems with this, automation will not just impact large corporations.
Yes but owning shares and equity of large businesses prevents techno-feudalism (David Shapiro post-labor economics), most income will be equity shares, sovereign wealth funds, and UBI in post-labor era
No post-labor economy driven by capital equity and sovereign wealth? I thought citizens would own shares of automated businesses like Amazon as a form on income and mega-corp democracy
I’m skeptical people will be down to hand over their wealth like this. Why would citizens own share of automated businesses like Amazon but not of their local bakery next door which would also be fully AI run?
A lot of problems with this, automation will not just impact large corporations.
Yes but owning shares and equity of large businesses prevents techno-feudalism (David Shapiro post-labor economics), most income will be equity shares, sovereign wealth funds, and UBI in post-labor era