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Who Owns the AI Economy?
As AI shifts income from labor to capital, we need to rethink taxation and redistribution. A levy on large firms, paid in their own non-voting shares to a public benefit trust and enforced through market access, sidesteps the failures of past wealth taxes. The proceeds could be used to pay every citizen a dividend that scales with AI's advance. The international club that enforces the levy could also give AI governance a mechanism to temper the AI arms race.