"$10,000,000. Every year. For every person in America." That's a prediction from Daniel Kokotajlo, the ex-OpenAI researcher who wrote AI 2027 - his report forecasting exactly how AI reshapes the next few years, which insiders say it's already coming true. He calls it the citizens dividend: a tax on the AI/robot economy, paid out to every citizen. Starts around $25k a year and then scales, by his own model, to $10 million. #ai #artificialintelligence #insight #DidYouKnow #thediaryofaceo

So we're all going to be multi-millionaires? Yes, it starts off small, something like $25,000 per person. By the end, it's something like $10 million per person per person per year. So in 2031, you have the one-fifth of all cognitive labor done by AI. In 2023, you have 60 million AI's running at 100x speed. In 2033, there's cash dividends to all Americans. Explain this to me. If the AI is going to be taking people's jobs, it's very important that people not starve to death and still have money. If companies are going to be using it as a robot to take out these jobs, then that means that there needs to be some sort of taxation scheme or something to like make sure that people still have a slice of that pie. Our proposal for how to do that, we call it the citizens dividend. Basically, people have shares in a agency that sells permits to the robot companies and to the compute companies and makes profit from selling those permits. People have shares in that entity. We have like an economic model that like calculates all of this. It starts off small, something like $25,000 per person. And then by the end, it's something like $10 million per person per year. So we're going to be more familiar? Yes, if this happens, which it probably won't. But if it happens, this will go. If you get to the point where your AI's are close to being able to do all the research and then you sort of pause and slow down, that means that you still have a lot of transformation ahead of you. Because if you allow those AI's to still proceed slowly and start to automate various jobs and so forth, after some years, they will in fact have done that. And they will have built huge amounts of new data centers, huge amounts of new chipfabs, huge amounts of new robots, robot factories, etc. We're not sure how fast this will go exactly, but we've thought about it a lot. We have our guesses and this is sort of like our median guess.