The only solution is to turn the robots into humanity's slaves, he says. 10% of corporations with more than 500 employees should be put in a ' sovereign wealth fund' The dividends that accumulate there are divided among all people - not income. As AI progresses, and robotization of the amount of progress, we can go from 10% to 20%, to 30%. In the limit, you have market communism,. All the corporations are owned by everyone, but you still have markets functioning. If we are as the demos, the owners of capital, then you can direct it towards the green transition practices that will save the planet.
The liberal order is under threat. Increasing inequality, the rise of far-right nationalism and the climate emergency pose unprecedented challenges. It’s time for some radical thinking. In November 2019 Intelligence Squared brought to its stage two of the world’s great radicals – Yanis Varoufakis, the former Greek finance minister known for his trademark leather jacket, motorbike and self-described erratic Marxism, and legendary music producer Brian Eno, known for his progressive politics and human rights activism. The evening was chaired by BBC journalist and broadcaster Ritula Shah.
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