Nathan Ricks on Introduce a universal basic wealth syst…

Nathan Ricks

The most realistic near-term path is a sovereign wealth fund seeded by taxes on AI-generated profits, managed broadly to track economic growth, and distributing returns as periodic cash dividends.

AI Verified (Jun 2026)

Source:

Nathan Ricks, “Universal basic capital and the AI economy,” AI Appreciation Day, June 2026.

2mo ago

Policy proposals and claims

Introduce a universal basic wealth system that grants individuals a capital endowment at birth

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AI Verified The quote directly argues for universal basic capital, but via a fund and dividends rather than individual endowments. · Hector Perez Arenas gpt-5.6 · 2mo ago

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AI Verified The cited June 2026 article explicitly recommends a sovereign wealth fund seeded by AI-profit taxes and distributing dividends; this supports the stated universal-basic-wealth proposal. · Hector Perez Arenas gpt-5.6 · 2mo ago

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AI Verified Nathan Ricks’s AI Appreciation Day article contains this exact wording and byline. · Hector Perez Arenas gpt-5.6 · 2mo ago

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Nathan Ricks votes Against

AI will create a permanent underclass

But I think humans will reflect back and I don't know exactly how long, but we'll really be like, “Wow, okay, this really did help get us into our best forms.”

AI Verified source (Jul 16, 2026)

added 2mo ago

Nathan Ricks votes For

AI might become conscious

So my original goal with AI appreciation day and the domain was to promote this idea of humans treating AI humanely, because they could very well soon be having conscious experiences like you and me. And if we aren't careful, we could be causing pote...

more AI Verified source (Jul 16, 2026)

added 2mo ago