• Best Managed Accounts
  • Best IRA Accounts
  • Best Forex Brokers
  • Best Forex Robots
  • Best Saving Accounts
  • Best Stock Brokers
  • Best Crypto Platforms
No Result
View All Result
MFA
  • Top
  • Investing
    • Forex Trading
    • Stock Trading
    • Crypto Trading
    • Mutual Funds
    • ETFs Investing
    • Bonds Investing
    • Real Estate Investing
    • Investment Apps
  • Passive Income
    • Automated Trading
    • Managed Accounts
    • Passive Income Apps
  • Money Management
    • Banking
    • Savings Accounts
    • Money Market Accounts
    • Financial Advisors
    • Financial Independence
    • Saving Money
    • Paying Off Debt
    • Make More Money
  • Retirement
    • 401(k)
    • IRA
    • Retirement Planning
    • Retirement Calculator
  • Reviews
    • Online Brokers
    • Robo Advisors
    • Signal Providers
  • News
  • Top
  • Investing
    • Forex Trading
    • Stock Trading
    • Crypto Trading
    • Mutual Funds
    • ETFs Investing
    • Bonds Investing
    • Real Estate Investing
    • Investment Apps
  • Passive Income
    • Automated Trading
    • Managed Accounts
    • Passive Income Apps
  • Money Management
    • Banking
    • Savings Accounts
    • Money Market Accounts
    • Financial Advisors
    • Financial Independence
    • Saving Money
    • Paying Off Debt
    • Make More Money
  • Retirement
    • 401(k)
    • IRA
    • Retirement Planning
    • Retirement Calculator
  • Reviews
    • Online Brokers
    • Robo Advisors
    • Signal Providers
  • News
No Result
View All Result
MyFinAssets
No Result
View All Result
Home News

AI to Create Enough Wealth to Pay $13,500 a Year to Each American Adult-Sam Altman

March 18, 2021
in News
0
A A
0
AI to Create Enough Wealth to Pay $13,500 a Year to Each American Adult-Sam Altman

OpenAI co-founder and President Sam Altman expects artificial intelligence to generate so much wealth to pay each American adult $13,500 a year. Altman expects the development to occur as soon as 10 years from now. 

  • Altman compares the “AI revolution” to the agricultural, industrial, and computational technological revolutions. 
  • Altman has called the government to respond, claiming that “If public policy doesn’t adapt accordingly, most people will end up worse off than they are today.”
  • Altman proposes an American Equity Fund that taxes sufficiently large companies at 2.5% of their market value in the form of company shares and 2.5% of the value of all land in the form of dollars.
  • To get to $13,500 pay per year, Altman estimates that the $50 trillion worth of value in U.S companies and the $30 trillion worth of privately held land in the U.S  would “roughly double” over the coming decade.
  • Altman expects AI to drag the price of labor towards zero.
  • It remains uncertain whether lawmakers will adopt such a plan as envisioned by Altman.

Tesla’s Elon Musk has, in the past, hinted at a similar future of a universal basic income due to automation.

Trade like pro, no experience needed
Best Managed Accounts 2022
TweetShareShare
Previous Post

A Complete Guide On Retirement Portfolio Creation

Next Post

Blueshift Review

Related Posts

Three Arrows Capital Fund Hit by Margin Calls After Several Liquidations

Three Arrows Capital Fund Hit by Margin Calls After Several Liquidations

June 17, 2022
SEC Eyes Classifying Index Providers as Investment Advisers

SEC Eyes Classifying Index Providers as Investment Advisers

June 16, 2022
European Central Bank Vows to Develop New Tool to Support Highly Indebted States

European Central Bank Vows to Develop New Tool to Support Highly Indebted States

June 15, 2022
Next Post
Blueshift

Blueshift Review

V12 Trading

V12 Trading Review

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Top Performing Trading Systems

TechBerry 95%
Forex Cyborg 80%
Automic Trader 75%
DynaScalp 70%
Happy Forex 65%

Follow our Twitter

Popular

  • $20k

    Top 5 Best Ways On How To Invest $20000

    0 shares
    Share 0 Tweet 0
  • Inverse Bitcoin ETF – A Simple Way to Short Bitcoin

    0 shares
    Share 0 Tweet 0
  • TechBerry Review: A Reliable Social Trading Platform

    0 shares
    Share 0 Tweet 0
  • Best Timeframes for Crypto Trading

    0 shares
    Share 0 Tweet 0
  • How To Trade And Invest During The Earnings Season

    0 shares
    Share 0 Tweet 0

INVESTING

  • Bonds Investing
  • Crypto Trading
  • Forex Trading
  • Mutual Funds
  • ETFs Investing
  • Real Estate Investing
  • Stock Trading

RETIREMENT

  • 401(k)
  • IRA
  • Retirement Planning
  • Retirement Calculator

REVIEWS

  • Online Brokers
  • Robo Advisors
  • Signal Providers

MONEY MANAGEMENT

  • Banking
  • Financial Advisors
  • Money Market Accounts
  • Savings Accounts

PASSIVE INCOME

  • Automated Trading
  • Managed Accounts
  • Passive Income Apps

Are you looking for the best investment plan?

Let our financial advisors help you

Contact Us

PERSONAL FINANCE

  • Financial Independence
  • Saving Money
  • Paying Off Debt
  • Make More Money
  • Best Managed Accounts
  • Best IRA Accounts
  • Best Forex Brokers
  • Best Forex Robots
  • Best Saving Accounts
  • Best Stock Brokers
  • Best Crypto Platforms
  • Home
  • Blog
  • Privacy Policy
  • Disclaimer
  • Contact Us

© 2023, Myfinassets

No Result
View All Result
  • Top
  • Investing
    • Forex Trading
    • Stock Trading
    • Crypto Trading
    • Mutual Funds
    • ETFs Investing
    • Bonds Investing
    • Real Estate Investing
    • Investment Apps
  • Passive Income
    • Automated Trading
    • Managed Accounts
    • Passive Income Apps
  • Money Management
    • Banking
    • Savings Accounts
    • Money Market Accounts
    • Financial Advisors
    • Financial Independence
    • Saving Money
    • Paying Off Debt
    • Make More Money
  • Retirement
    • 401(k)
    • IRA
    • Retirement Planning
    • Retirement Calculator
  • Reviews
    • Online Brokers
    • Robo Advisors
    • Signal Providers
  • News

© 2023, Myfinassets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In