- And they should be catching a lot of flak for it because it's not really long term strategic planning, it's overhyping a technology and running roughshod over society promoting misuses and AI slops.
- Just my opinion as a Georgist amongst many, I would categorize copyright and patents as non-reproducible privilege rather than economic land though non-reproducible privilege also describes private ownership of land. It's very clear that it's artificial, as ideas do not suffer from the exclusivity problem that comes with owning physical land. What IP has in common with owning land is the extraction of economic rent.
Economic land is anything that's fixed, finite, and not man-made, such as land, the electromagnetic spectrum, and orbitals.
Services like amazon and instagram are something of a puzzle to Georgists, but it's at least clear that Amazon and instagram benefits from labor and effort of the platform users. Without people selling on Amazon, there's no amazon. Without users, there's no reasons to be on instagram. To be perfectly clear, platform companies obviously put in labor to build their services, but the network effect isn't entirely of their own making.
- Georgists aren't frozen in time, nor had they ever been limited to just taxing "land". We consider any economic "land" fair game. We even discussed network effects that allow companies like instagram retain a monopoly.
In any case, California are where some of the most powerful tech monopoly are located, and not coincidentally it's also where some of the most expensive land there is.
- It's both. You don't want to tax capital and income. VAT and sale tax are a bad idea too, especially since they're regressive.
So, what do you tax? You tax land and land-like things, non-reproducible privileges(like patents and copyright), pollution and other negative externality.
Now, there's an argument to be made that we couldn't possibly be able to fund governments on the back of these taxes. Fair enough, but it should mean we minimize those taxes until the economy grows enough to fund government services.
- An ideal LVT would tax the full economic rent of the land, but that's unlikely to happen. We don't want to overshoot 100% because that would cause land abandonment.
So in theory, LVT could collect more tax than the state needs to fund services. If that happen, it would be distributed as a Citizen's Dividend.
I am skeptical that we wouldn't be able to find a productive use for government spending, but that's a discussion for citizens of a Georgist state to have.
Also, Georgist policies would discourage the existence billionaires and other people with extreme wealth simply because a lot of their wealth came out of economic rent.
- What social networking aspect? The karma point is basically hidden from other posters.
- Drive down the price of land to zero via taxation and you cannot use that home to reduce your income need from retirement. It will force them to sell the property to make way for further development, since the cost of land is no longer so high that you need to borrow money from the bank to purchase land, only to pay the ongoing taxes.
- Land prices are subject to speculative bubbles as well. The only way to get rid of speculation in the real estate market is to drive the price of land down to zero by taxing it.
You also need a lot of money to purchase land, so this effectively allows banks to make a lot of money on overly inflated price of land.
Land by itself doesn't generate wealth, only improvements on top of it does. Only problem is that we tax improvement along with the land, leading to the perverse incentive that building anything increases your tax burden. We call them property tax.
- They have powerful untaxed monopolies in excess of the economic value tech companies themselves generate.
At some point, the value of their services come from the people who use their sites.
- "Low risk" unfortunately doesn't mean no risk. I wish to be vaccinated against all disease, but rationally I must acknowledge very low probability event of harm from vaccination. It's why they're recommended only for 50 and older.
- Building like cars depreciates over time, while land don't. Economic rent is in the land.
- Zoning change would spike land value in more populated area much more closely located to metro center, but it will depress demand on locations further away from the urban center.
- Land cost will also start to matter, but probably not at the scale that Starlink is doing. Regardless, orbitals are real estate.
- I don't know what AI native folks will look like. To me, it looks like just replacing skilled labors with unskilled labors as opposed to giving humans new skills.
AI to me will be valuable when it's helping humans learn and think more strategically and when they're actually teaching humans or helping humans spot contradiction and vetting for reliable information. Fact checking is extremely labor intensive work after all.
Or otherwise if AI is so good, just replace humans.
Right now, the most legible use of AI is AI slop and misinformation.
- America doesn't and shouldn't fight China or Russia alone, so I don't know why we're talking about that.
Russia is basically on its way out as a military power. It can't even conquer Ukraine.
As for China, you don't fight China alone. What do you think military bases in Japan are for? Anyway, for the world's sake, China shouldn't start a war, but sometime you just can't stop stupid.
- Land value tax is progressive, efficient and non-distortionary.
- Poor quality is not synonymous with mass production. It's just cheap crap made with little care.
- I am on the autism spectrum. I have a deep interest in systems as well, and I like systems and so forth. Things and so forth. Social skills is not what I am good at and I still struggle with but improving with time.
There is an art in which I basically don't do that kind of thinking, that's improvisational comedy.
Improvisational comedy is an art in which I do by honed instinct. There's a system to it, and I can sometime recognize patterns, but most of the work I do is subconscious processing and rather autonomous.
To this day, I think I would have something to teach to the community if I could articulate the unique skills I possess.
- It's self funding in places like Japan and Hong Kong, but these places also engage in value capture. Train services in these places are basically real estate companies with trains attached to them. They diversified by making train stations shopping malls.
In any case, cities can engage in value capture for public transportation. Just direct some of the property taxes collected directed to public transit. Even better would be some sort of LVT, ideally but not necessary 100% of the economic rent from land.
In any case, public transit should also engage in value capture on their own property. If they own a train station, they should consider building on top or adjacent to it spaces that they can then rent out to tenants. It's not only efficient but also serve the public and the local economy and making public transit more economical to run due to higher ridership.
I found that standard CAD to be no simpler than OpenSCAD. Really, the biggest disadvantages that OpenSCAD have is usability and a library which is fixed by using BOLS2.
BOLS2 has the same problem as standard CAD, it is overwhelmingly big. In some cases, I didn't know features were already in BOLS2 so I don't have to reinvent the wheel writing my own inferior library.
So, how to tackle it? Same thing as any learning projects. I just tackle it in bite size chunk.