By removing a job from the labor market, they are essentially removing an entire salary from the economy. Normally, that employee would be expecting to find another job. With entire industries are removing a crazy number of jobs, the economy would not be expected to be able to provide another job to all of those workers.
I believe there should be a penalty to the company for eliminating jobs from the economy to slow down or prevent it from happening. I would tax the corporation the full salary of the job that they eliminated. We would use that money to fund for UBI.
I understand UBI should not be conditional and it does not have to be in my example. However, there needs to be a way to fund it. Perhaps if the amount of money collected from the “ai tax” is not enough to provide UBI at the level that is fair to everyone, it should also be funded by the wealth tax that I also mentioned.
I apologize if it could have been worded better.
Here is my train of thought:
By removing a job from the labor market, they are essentially removing an entire salary from the economy. Normally, that employee would be expecting to find another job. With entire industries are removing a crazy number of jobs, the economy would not be expected to be able to provide another job to all of those workers.
I believe there should be a penalty to the company for eliminating jobs from the economy to slow down or prevent it from happening. I would tax the corporation the full salary of the job that they eliminated. We would use that money to fund for UBI.
I understand UBI should not be conditional and it does not have to be in my example. However, there needs to be a way to fund it. Perhaps if the amount of money collected from the “ai tax” is not enough to provide UBI at the level that is fair to everyone, it should also be funded by the wealth tax that I also mentioned.
I hope that clears it up.