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RE: AI And The Field Of Infinite Possibilities
@krischik, Agree with the points raised except a bit lost with this one:
With AI not having to pay income tax this could very quickly make human work so expensive that no amount of work hour reduction will make human work competitive.
Would you care to explain?
An AI you buy once. Then you have a service contract and general running cost. None of which are as highly taxed as human labour.
Human labour however is basically taxed twice: Via value added tax – which applies to AI as well — and income tax. Which only applied to human labour and making human labour uniquely expensive.
Got it, @krischik.
Thanks for the explanation, much appreciated.