Whether we celebrate AI as the next great engine of economic growth or worry about its effects on labor markets, creative rights, wealth inequality, or the environment, we mustn’t overlook that...
Whether we celebrate AI as the next great engine of economic growth or worry about its effects on labor markets, creative rights, wealth inequality, or the environment, we mustn’t overlook that the public is helping finance the technology. This should be made explicit and quantified even if it proves to be wise policy and a sound investment.
While I’m sure the companies are happy to get tax cuts, it’s rather odd to recharacterize a reduced expense as funding when the cash flow is in the other direction. Normally, businesses get money...
While I’m sure the companies are happy to get tax cuts, it’s rather odd to recharacterize a reduced expense as funding when the cash flow is in the other direction. Normally, businesses get money from either investors or customers and some of that money is paid in taxes.
Some exceptions: for government contractors, the government is a customer, and there are sometimes government subsidies that actually pay out.
Whether we celebrate AI as the next great engine of economic growth or worry about its effects on labor markets, creative rights, wealth inequality, or the environment, we mustn’t overlook that the public is helping finance the technology. This should be made explicit and quantified even if it proves to be wise policy and a sound investment.
While I’m sure the companies are happy to get tax cuts, it’s rather odd to recharacterize a reduced expense as funding when the cash flow is in the other direction. Normally, businesses get money from either investors or customers and some of that money is paid in taxes.
Some exceptions: for government contractors, the government is a customer, and there are sometimes government subsidies that actually pay out.