3min chapter

Team Human cover image

David Brin

Team Human

CHAPTER

The Tobin Tax on Transactions

"We could prevent these programs from becoming Skynet with one simple law and that is the Tobin tax on transactions if every financial transaction got a 0.01% transaction tax you and I in our stock trades would never even notice it but it would kill these high frequency programs dead," he said. "It's an extension in some ways of the idea that we want if you're going to put those deep fakes there should be a rule that says you know that this is a deep fake at least so we know what's been produced by an AI and what hasn't"

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