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throwaw12yesterday at 6:38 PM4 repliesview on HN

I will put it differently,

Investing 1 or 2% of global GDP to increase wealth gap 50% more and make top 1% unbelievable rich while everyone else looking for jobs or getting 50 year mortgage, seem very bad idea to me.


Replies

Archelaostoday at 12:16 AM

This problem is not specific to AI, but a matter of social policy.

For example here in Germany, the Gini index, an indicator of equality/inequality has been oszillating about 29.75 +/-1.45 since 2011.[1] In other words, the wealth distribution was more or less stable in the last 15 years, and is less extrem than in the USA, where it was 41.8 in 2023.[2]

[1] https://de.statista.com/statistik/daten/studie/1184266/

[2] https://fred.stlouisfed.org/series/SIPOVGINIUSA

simianwordsyesterday at 6:45 PM

It can be both? Both that inequality increases but also prosperity for the lower class? I don’t mind that trade off.

If some one were to say to you - you can have 10,000 more iPhones to play with but your friends would get 100,000 iPhones, would you reject the deal?

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Anon1096yesterday at 7:20 PM

Just being born in the US already makes you a top 10% and very likely top 5-1% in terms of global wealth. The top 1% you're harping about is very likely yourself.

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cheonn638yesterday at 6:44 PM

>Investing 1 or 2% of global GDP to increase wealth gap 50% more

What’s your definition of wealth gap?

Is it how you feel when you see the name of a billionaire?

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