Thread

1. velcrovan · 1790862426 · focus · HN ↗

   I can’t read the article. Do they explain how it’s more imperialist than what we have now?

   Using capital ownership to distribute the proceeds of an industry whose raw material was the creative output of everyone everywhere … seems like the neatest and most obvious possible solution to AI displacement and provenance. But I can see how it might make a few dozen people less likely to be billionaires.

   1. alephnerd · 1790862665 · focus · HN ↗

      Gift article - <a href="https:&#x2F;&#x2F;giftarticle.ft.com&#x2F;giftarticle&#x2F;actions&#x2F;redeem&#x2F;71bd10ba-e5fb-4b6e-9694-777753dc35f8" rel="nofollow">https:&#x2F;&#x2F;giftarticle.ft.com&#x2F;giftarticle&#x2F;actions&#x2F;redeem&#x2F;71bd10...

      But basically, the argument is that a government shouldn&#x27;t accrue and own appreciating assets mixed with AI skepticism.

      1. velcrovan · 1790864482 · focus · HN ↗

         Thanks. I&#x27;m astonished how poorly written and poorly argued the piece is. No discussion or even mention of existing SWFs. Trying to frame SWFs as something leftists should oppose because of… some vague hand-waving about an Edwardian policy?

         SWFs are a great tool for reducing inequality and influencing corporate governance. see, e.g. <a href="https:&#x2F;&#x2F;peoplespolicyproject.org&#x2F;project&#x2F;creating-an-alaska-style-permanent-fund-in-washington-state&#x2F;" rel="nofollow">https:&#x2F;&#x2F;peoplespolicyproject.org&#x2F;project&#x2F;creating-an-alaska-...

         1. alephnerd · 1790864717 · focus · HN ↗

            He&#x27;s also been a major ideologue for what became Chat Control [0]

            &gt; SWFs are a great tool for reducing inequality

            Closer to Europe, Norway and Ireland have also successfully used SWFs and SDFs.

            Edit: can&#x27;t reply

            &gt; &quot;Journal of Democracy&quot;

            It is a journal just like Nature. This is a paper he published within the journal. Policymakers don&#x27;t read blogs.

            [0] - <a href="https:&#x2F;&#x2F;www.journalofdemocracy.org&#x2F;articles&#x2F;liberation-technology-whither-internet-control&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.journalofdemocracy.org&#x2F;articles&#x2F;liberation-techn...

            1. ambicapter · 1790865855 · focus · HN ↗

               &quot;Journal of Democracy&quot;

               &gt; The smartest analysis on democracy and authoritarianism around the world—straight to your inbox every week.

               Sounds like a rational and clear-headed individual.

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