paper-with-me

Papers

An AI Capability Threshold for Rent-Funded Universal Basic Income in an AI-Automated Economy

2025-05-24 · Aran Nayebi

We derive the first closed-form condition under which artificial intelligence (AI) capital profits could sustainably finance a universal basic income (UBI) without additional taxes or new job creation. In a Solow-Zeira economy characterized by a continuum of automatable tasks, a constant net saving rate $s$, and task-elasticity $\sigma < 1$, we analyze how the AI capability threshold--defined as the productivity level of AI relative to pre-AI automation--varies under different economic scenarios. At present economic parameters, we find that AI systems must achieve only approximately 5-6 times existing automation productivity to finance an 11\%-of-GDP UBI, in the worst case situation where \emph{no} new jobs or tasks are created. Our analysis also reveals some specific policy levers: raising public revenue share (e.g. profit taxation) of AI capital from the current 15\% to about 33\% halves the required AI capability threshold to attain UBI to 3 times existing automotion productivity, but gains diminish beyond 50\% public revenue share, especially if regulatory costs increase. Market structure also strongly affects outcomes: monopolistic or concentrated oligopolistic markets reduce the threshold by increasing economic rents, whereas heightened competition significantly raises it. Overall, these results suggest a couple policy recommendations: maximizing public revenue share up to a point so that operating costs are minimized, and strategically managing market competition can ensure AI's growing capabilities translate into meaningful social benefits within realistic technological progress scenarios.

📄 PDF Abstract BibTeX arXiv:2505.18687

Code (0)

등록된 구현이 없습니다.

Similar Papers 제목 키워드 기반

MoE-DiffIR: Task-customized Diffusion Priors for Universal Compressed Image Restoration

2024-07-15 · Yulin Ren, Xin Li, Bingchen Li, Xingrui Wang 외

We present MoE-DiffIR, an innovative universal compressed image restoration (CIR) method with task-customized diffusion priors. This intends to handle two pivotal challenges in the existing CIR methods: (i) lacking adapt…

Image RestorationMixture-of-ExpertsTexture Synthesis

The ACQDIV Corpus Database and Aggregation Pipeline

2020-05-01 · LREC 2020 5 · Anna Jancso, Steven Moran, Sabine Stoll

We present the ACQDIV corpus database and aggregation pipeline, a tool developed as part of the European Research Council (ERC) funded project ACQDIV, which aims to identify the universal cognitive processes that allow c…

Language Acquisition

Submodular Participatory Budgeting

2024-06-19 · Jing Yuan, Shaojie Tang

Participatory budgeting refers to the practice of allocating public resources by collecting and aggregating individual preferences. Most existing studies in this field often assume an additive utility function, where eac…

Universality and herd immunity threshold : Revisiting the SIR model for COVID-19

2021-06-09 · Sourav Chowdhury, Suparna Roychowdhury, Indranath Chaudhuri

COVID-19 pandemic has been raging all around the world for almost a year now, as of November 1, 2020. In this paper, we try to analyze the variation of the COVID-19 pandemic in different countries in the light of some mo…

Memory makes computation universal, remember?

2024-12-23 · Erik Garrison

Recent breakthroughs in AI capability have been attributed to increasingly sophisticated architectures and alignment techniques, but a simpler principle may explain these advances: memory makes computation universal. Mem…