I started to notice a intense automation and Artificial Intelligence Investments from companies and that made me wonder, what would happen or what should be done with the people who can’t be trained for a new job and can’t use his current skills to to get a job.
How would he live or what would he do in life? More importantly, what should be done with him to make him useful or at least neutral rather than being a negative on the society?
Yes and no, that progressive tax system needs a hard limit that says that you can’t earn more than that. I would want the people to know that they won’t be able to earn more than that hard limit and if they chose to keep working and generate more “riches” beyond that they’re doing it exclusively for the benefit of others.
You raise far more tax revenue able to redistribute as freedom dividends by incentivizing those who can earn $1m/hour to put in more hours.
You’re missing the point, the objective of that is not to collect more tax, objective is to desincentivise greed by making it kinda pointless beyond certain level.
Also once most of the basic stuff is free I wonder how many people will settle for less pay and less hours. So more jobs would be available.