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Disruption

Welfare Without Taxation

Welfare Without Taxation

There is a lot of discussion of whether Universal Basic Income will be required for folks who are unable to compete meaningfully in successfully more advanced and talent-driven economies.

The assumption is that heavy taxation and redistribution of wealth will be required for this, to a degree that may not be thermodynamically possible, and certainly may not be feasible (let alone desirable).

I believe that there are other alternatives. The power of DAOs and AI CEOs running companies in the cloud that may be bootstrapped within days, means that we can create wealth voluntarily within the free market.


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Digitally-Driven Detroitification

Digitally-Driven Detroitification

Remember all these taxi driver riots in places like France a little while back, and how nations like Germany and Italy, and cities like Austin banned Big U? It is feeble lashing against an irrepressible technological wave.

A substantial proportion (up to 25%) of the revenue of many local and state governments derives from rent-seeking on parking fines and speeding tickets. Furthermore, autonomous vehicles will decimate ancillary income streams associated with traffic enforcement (law enforcement personnel, traffic/parking enforcement, attorneys, court staff/Judges, DMV employees, insurance industry, etc.


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