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Ben Luong
1.3K posts

Ben Luong
@copperchunk
Works in igaming affiliation and GA4 practitioner, likes to argue, book a free 15 minute chat https://t.co/fSPvSHQQTX
Sheffield UK 가입일 Eylül 2010
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@g_patin94247 But the issue is that it collapses the system. Everyone racing destroys the wage demand circuit that's powered the world for the last 70 years
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@copperchunk Exactly 😅 everyone racing means you gotta play too or get left behind. Been seeing these dynamics discussed a lot on telegram channel BUCCOCAPITALL… adapting fast is survival, collaboration optional 🚀📊
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They don't run away. They stay and negotiate. That's worse for you, not better. A company generating billions in AI-driven revenue with a skeleton crew has enormous leverage over any government that wants to keep it. "Governments will find and tax them" assumes governments want to tax them more than they want to attract them. Look at the actual behaviour. The US, UK, France, UAE, Saudi Arabia are all falling over themselves to offer incentives, not raise taxes. And "redistributed as governments see fit" assumes the tax base survives the transition. If AI replaces the labour that generates income tax, payroll tax, and consumption tax, the revenue base collapses alongside the jobs. You can't redistribute what isn't being collected. You're describing a world where AI generates the wealth but the wage circuit that funds government through mass taxation no longer exists. That's not a rebuttal. That's the thesis.
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@copperchunk @NPCollapse But you just got done saying they would run away. There is no place to run on the planet Earth where governments will not find and tax them. If AIs start generating the wealth they will start generating the tax revenue which would be redistributed as the governments see fit.
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@Noahpinion It's a multiplayer prisoners dilemma. Everyone must defect or be laid off. No way to stop this.
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@OmriBuilds Anthropic, open and then Gemini. Anthropic seem to be using Claude to ship a product every week. Going to be hard to displace if the competition ever catch up on capabilities
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@WallStreetMav The future economic system will not have humans at the centre. Unit cost dominance displaces humans
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If all of those 10s of millions of jobs are replaced by Ai and robots, who are the customers going to be that keep the economy going?
Universal Basic Income (UBI) has already been discredited. The Fed printing all of the money to replace taxes would destroy the US Dollar.
I really don't see the economic model that exists after AI and robots eliminate 25% to 50% of the jobs. Somehow I am not able to imagine the same transition happening that we saw during previous technology changes.
Is it just me? I am not seeing the future economic system that makes sense.
One thing I am sure of, UBI is not going to be it.
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Taiwan taxes companies and companies still operate there because Taiwan offers something irreplaceable: TSMC's fabrication capability. That's a physical asset with no substitute. AI companies don't have that constraint. Their core product is software. You can train a model in one country, serve it from another, and incorporate in a third.
The "armies dictate terms" argument proves my point, not yours. Governments with the biggest armies are the ones most aggressively competing to attract AI investment, not tax it away. The US, China, and the UAE are all racing to offer the most favourable conditions. That's the prisoner's dilemma playing out exactly as described. You keep naming the mechanism and calling it a rebuttal.
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@copperchunk @NPCollapse You think Taiwan doesn't tax companies? Data centers require land -- and land is controlled by governments with armies.
And the countries with the biggest armies dictate terms to wherever AI billionaires would run. Reality is a lot harsher than Ayn Rand would have us believe.
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AI companies don't need fabrication plants. They need compute, data, and talent. All three are mobile. A federal tax doesn't force them out of the country, it forces them to restructure through whichever jurisdiction offers the best terms.
Ireland did this with corporate tax for decades. And "wherever they go there is a gov't waiting" is the point. Governments compete for these companies. That's the prisoner's dilemma at the nation-state level. Every government that "waits" is waiting with a lower tax offer than the last one. You're describing the race to the bottom and calling it a solution.
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@copperchunk @NPCollapse The collective vote of the people is leverage. If that wasn't the case do you think billionaires would leave SF? A federal tax would force them out of the country -- but it's a lot more difficult to move a fabrication plant.
And wherever they go -- there is a gov't waiting.
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An unemployed person has a vote. They don't have leverage. There's a difference. Tax AI companies how? They'll relocate to whichever jurisdiction offers the lowest rate.
That's the prisoner's dilemma, and it doesn't just apply to firms, it applies to nations. Every country that taxes AI harder loses the companies to one that doesn't. Dario asking for taxation is the Cassandra Prison in action. He knows the structural problem exists but the only solution he can publicly propose is one that the prisoner's dilemma forecloses.
"We can work it out" is not a mechanism. Name the coordination structure that survives competitive defection at every level. Firm, industry, nation. You can't, because it doesn't exist.
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@copperchunk @NPCollapse This is completely false. An unemployed person has a vote. And the voters would obviously elect people to tax AI companies to the hilt if this fan fiction becomes true.
Dario is even asking for taxation based on this fan fiction. If it becomes true we can work it out.
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@blu_blood_hero @RishiSunak @thetimes Maybe but going forward, even if labour costs were zero companies won't humans
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AI is going to reshape jobs.
But right now our tax system is tilted against hiring people at exactly the moment firms are deciding what to automate.
We need to fix that.
My column in @thetimes 👇
thetimes.com/business/econo…
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standards help but when the work is equal or better for 100 times cheaper and 11 times faster, it cannot reverse the economics. Maybe at 2 times cheaper we could do something but at 100x, no one can stop using it.
I am saying this is ruinous and do not want it to happen but it will. Its a classic prisoners dilemma but multiplayer on all levels of society. The people don't see how fiendish the problem is.
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@copperchunk @FraserNelson By having standards, which clearly you lack.
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A 16% drop in entry-level hiring for AI-exposed jobs. That's already happening in the US. What does Britain do about it?
Sunak's answer: cut National Insurance. Cut the cost of employing people now, before it's too late.
Another fascinating column:-
thetimes.com/business/econo…
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@SuperHario64 @FraserNelson Gdpval benchmark shows machines are 100 times cheaper and 11 times faster in economically useful tasks 70.9% of the time using gpt5.2. gpt5.4 is even better.
How can you keep humans relevant when the cost difference is that big?
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@copperchunk @FraserNelson I can understand why you think that given you work in "igaming affiliation" and brag about knowing Google Analytics in your X profile, but actually most work is not as prone to AI replacement as what you are doing.
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@PeterDiamandis LOL, I think it's because an entry-level person can prompt a bot just as well as an experienced one, but at half the price.
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@Scaramucci @novogratz There is no solution that keeps the status quo. It's a multiplayer prisoner's dilemma, which is ruinous, but nobody can stop
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Dell is reportedly cutting 14,000 people and every single CEO in America right now is looking at Claude and doing the same math.@novogratz
If I don't replace jobs with agents — I'm going to get crushed by someone who does.
That's the calculation happening in every boardroom in the country.
AI is eating white collar jobs and it's just getting started.
Here's my prediction: This becomes THE political issue of 2026 and it will absolutely dominate 2028.
What do you think the solution is? 👇🏼
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You've now gone from "comparative advantage saves us" to "AI isn't infinite" to "I'll bet on no unemployment" to "the world is complicated." Each reply retreats further from the mechanism.
The thesis engages economics directly — unit costs, supply curves, demand circuits, coordination failures, labor market absorption. It's built on the economics. You're the one asserting conclusions without showing the mechanism that produces them.
"The world is complicated" is not a rebuttal. It's what people say when they can't falsify the argument but don't want to accept it. The prize is still there. £250. One premise. Take your shot or move on.
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@copperchunk @Noahpinion The world is more complicated than formal systems usually embrace, and you have more or less ignored how economics actually works.
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Yes. AI doomers are some of the worst communicators and influencers I've ever seen. I almost want to help them succeed, except even when I sympathize with them they are too off-putting to even talk to.
Nirit Weiss-Blatt, PhD@DrTechlash
The AI Doomers' Messaging Pivot, Explained
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The thesis is a formal syllogism with three premises. Falsify any one and the conclusion falls. That's not "convincing someone" — it's logic. The premises are:
AI + verifier is cheaper than humans for most cognitive work
No coordination mechanism can prevent adoption
No alternative absorbs displaced workers at scale
Pick one. Show it's false. Not unlikely — false. That's what the prize requires. If you can't do that, you're not disagreeing with the thesis — you're disagreeing with the conclusion while accepting the premises. Which is just denial.
"It won't cause unemployment" is a prediction. "Here's why Premise 1/2/3 is structurally false" is an argument. You've offered the first but not the second.
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You can skip the betting and just falsify the thesis directly. Three premises, all laid out with the formal logic at discontinuitythesis.com/proof. Disprove any one of them and I'll pay you. That's quicker than waiting 10 years to see who's right.
The BBC documentary about microprocessors was about a tool that automated arithmetic. This automates cognition. The microprocessor couldn't write its own code, draft legal briefs, diagnose patients, or build financial models. Current AI does all of those at 1% of the cost. If you can't see the categorical difference, the thesis walks you through it.
"The rules of economics don't change" — correct. And the rules say firms buy the cheapest adequate input. That's now AI. You're the one arguing the rules won't apply this time.
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I will happily bet that there will be no significant rise in unemployment from AI in the next year, the next two years, the next five years, the next ten years, etc. (We may get unemployment from warfare or bad trade policy or the like, but AI will not have this impact.)
People have perpetually predicted that new technologies would bring mass unemployment. They have always been mistaken. The rules of economics don't change when productivity rises, or even when full substitutes for labor appear.
The BBC had a wonderfully incorrect documentary about 50 years ago predicting that the microprocessor meant mass unemployment and that the government needed to do something ab out it immediately. The arguments are basically unchanged.
archive.org/details/BBCHor…
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Wants are unbounded. Agreed. But wants don't drive employment — effective demand does. Effective demand requires income. Income requires wages. Wages require someone hiring humans.
If AI does the work at 1% of the cost, the wants are still infinite but the wages aren't there to express them as demand. You get a demand collapse, not a jobs boom.
You keep saying "resources are finite" as if that means humans must be employed. It doesn't. Capital, energy, and compute are also finite resources — and they're the ones that do the work now. Finite resources get allocated to the cheapest productive input. That's AI.
You've said "wants are unbounded, resources are finite" three times now without once explaining the mechanism by which unbounded wants translate into human employment when the machine is 100x cheaper. That's the question. Not whether wants exist. Whether anyone pays a human to fulfil them.
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I haven't shifted anything. My argument has been consistent throughout.
There is a difference between "literally free" and "much cheaper than now" that you still haven't grappled with here. Until you do, you're going to come to incorrect conclusions. Wants are unbounded, resources are finite.
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