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Contemporary · Essay

Moore's Law for Everything

Sam Altman · 2021

"AI will drive the cost of goods and labor toward zero, requiring a new social contract to distribute the wealth."

The idea

Sam Altman's 2021 essay predicting that AI will trigger a massive deflationary shock, making the cost of goods, services, and labor plummet. He proposes radical economic restructuring, like a tax on capital and land to fund a universal basic dividend.

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The takeaway — recall it first
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