Mark Cuban Says If Work Becomes Optional Like Elon Musk Predicts, They'll Invent 'New And Unpredictable Taxes' Like A Robot Utilization Tax

The aboriginal of enactment mightiness not travel with a timecard. It mightiness travel with a taxation bill. Mark Cuban jumped into the AI statement connected X with a mock IPO "Risk Factors" conception that reads little similar satire and much similar a preview of what companies could soon beryllium forced to disclose.

He was responding aft Tesla CEO Elon Musk wrote, "Working volition beryllium optional successful the future," successful a station connected X Saturday.

A four-year timeline that changes everything

Cuban's effect didn't easiness into the idea. He went consecutive to speed.

"Within the adjacent 4 years we expect to wholly recreate each processes and procedures successful each enactment to optimize the replacement of humans with humanoids and AI."

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That enactment does 2 things astatine once. It sets a timeline and raises the stakes. This isn't framed arsenic a dilatory modulation oregon a distant future. It's a near-term overhaul of however companies operate.

In elemental terms, Cuban is describing a satellite wherever businesses redesign themselves to trust acold little connected quality labor. AI systems and humanoid robots wouldn't conscionable assistance workers. They would regenerate them astatine scale.

That aligns with Musk's broader view. He has repeatedly suggested that precocious AI could marque accepted jobs unnecessary for survival. Work would go optional, much similar a prime than a requirement.

If enactment disappears, taxation gross doesn't

Cuban's biggest informing isn't astir technology. It's astir what happens after.

"In the lawsuit our prediction that enactment volition beryllium optional is actualized, we expect local, authorities and national governments to institute caller and unpredictable taxes including a robot utilization tax, a token utilization taxation and who the fuck knows what else."

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The logic is straightforward. Today, governments cod a ample stock of gross from quality labour done income taxes and payroll taxes. If less radical are working, that watercourse shrinks.

Cuban's constituent is that governments won't simply judge that loss. They'll look for caller ways to regenerate it. That could mean taxing the tools doing the enactment alternatively of the radical who utilized to bash it.

The thought isn't new. Microsoft co-founder Bill Gates said successful 2017 that companies utilizing robots to regenerate workers could beryllium taxed successful a akin mode to quality labor. The extremity would beryllium to offset mislaid gross and perchance money retraining oregon nationalist services.