Comment Section for Moore's Law for Everything

This webpage, titled "Moore's Law for Everything," is an article by Sam Altman, the CEO of OpenAI. He discusses the rapid advancements in Artificial Intelligence (AI) and the socioeconomic changes it will bring. Altman predicts that AI will take over more jobs, shifting power from labor to capital and creating significant wealth. However, he warns that public policy must adapt to prevent most people from being worse off than they are today. Altman argues for a system that taxes the assets making up most of the future's value—companies and land—to distribute some of the upcoming wealth fairly. This approach, he believes, will make society less divisive and enable everyone to participate in its gains. He also predicts that AI will read legal documents, provide medical advice, do assembly-line work, and even become companions within the next few decades. The article proposes an "American Equity Fund" capitalized by taxing companies above a certain valuation and privately-held land. The taxes would be paid in shares and dollars respectively, which would then be distributed annually to all citizens over 18, allowing them to spend it as they wish. This proposal, according to Altman, would align incentives between companies, investors, and citizens, reducing poverty and giving people a stake in the country's success. Altman concludes by urging policymakers to embrace this system early, comparing the current moment to the Great Depression when a huge social safety net was enacted. He believes that a pro-business, pro-people movement will unite a broad constituency and lead to a more prosperous and fair society.