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Comment by Nathan Gardels
Editor-in-chief of Noema Magazine; co-founder and senior adviser of the Berggruen Institute
Since income through labor will diminish and even disappear where tasks are routinized, more of people's earnings in the decades ahead should be drawn from an ownership stake in listed companies, particularly those where intelligent machines are displacing gainful employment. In short, the best way to fight inequality in the future is to spread equity around through what can be called 'universal basic capital,' in which everyone has an ownership share in the AI economy.
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(2026)
Policy proposals and claims
replying to Nathan Gardels