Comment by Larry Ellison

If you're using robots to build a house, and let's say a house is completely built by robots, and you say, well, 80% of the cost of the house is labor, so the cost of the house comes down 80%. [...] We need to change from taxing human labor to taxing value add. [...] And we can have universal high income—really [...] eventually robots will do more and more work, usually work we don't want to do. But they're adding value. The robots are adding value. The government's taxing the value. [...] because of AI, we will all become so wealthy.