Re:If AI replaces workers, should it also pay taxes?
by wizzwizz4 on Monday December 15, 2025 @11:18AM
(#46276490)
If I run around town smashing windows with a rock, GDP goes up. Computing value more accurately than financial markets is not difficult: the bar is on the floor.
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Re:If AI replaces workers, should it also pay taxes?
by orangecat on Monday December 15, 2025 @01:28PM
(#46278351)
If I run around town smashing windows with a rock, GDP goes up.
Not generally. Window repairmen get higher incomes, but the rest of the economy has less consumption and investment.
Re:If AI replaces workers, should it also pay taxes?
by erin_lave on Monday December 15, 2025 @01:33PM
(#46278420)
> If I run around town smashing windows with a rock, GDP goes up.
I don't believe that's true. I believe that's called the "Broken Window Fallacy" in Economics.
Re:If AI replaces workers, should it also pay taxes?
by machomaster on Monday December 15, 2025 @07:44PM
(#46283217)
Breaking windows DOES increase GDP, just like the parent said. The argument ( https://en.wikipedia.org/wiki/Parable_of_the_broken_window ) only argues that not all GDP increase is good, because of waste of resources, because of the opportunity cost. That's why measuring success only by GDP is a bad idea.