Anton Korinek

We are not looking at another Industrial Revolution; labor itself becomes optional for the economy.

If the quest for artificial general intelligence succeeds, we are not looking at another Industrial Revolution that ultimately rewards workers; rather, it’s possible that labor itself becomes optional for the economy.

AI threatens to erode the first pillar—taxes on labor—by reducing demand for human labor across many occupations. [...] The main burden of taxation will have to shift away from labor.