• Sam Altman's Blog Post "Moore's Law for Everything" From 2021

  • Sep 28 2024
  • Length: 9 mins
  • Podcast

Sam Altman's Blog Post "Moore's Law for Everything" From 2021

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  • Summary

  • Sam Altman, the founder of OpenAI author of "Moore’s Law for Everything" (https://moores.samaltman.com/), proposes a plan to use the wealth generated by artificial intelligence to benefit everyone.


    He argues that, as AI automates many jobs, the price of goods and services will plummet, drastically increasing societal wealth.


    To ensure this wealth is shared, he advocates for a new social contract, where everyone owns a stake in American value creation.


    This involves taxing corporations and land, distributing the proceeds as an annual payment to all citizens over 18.


    This "American Equity Fund", Altman believes, will promote growth, reduce poverty, and create a more equitable society by ensuring everyone benefits from capitalism.


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