Soaring national support for billionaire wealth tax

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    • #11390
      MickMick
      Participant

      A recent Wall Street Journal survey across voters had some interesting findings:

      1. A proposed tax on billionaires has 61% support (American billionaires own more wealth than 57% of all households)
      2. Legislation mandating health insurance companies cover all services and medicines prescribed by doctors has support from 88%
      3. 87% want to cap the maximum price of prescription drugs
      4. 79% want a 10% cap on credit card rates.
      5. 57% want U. S. Govt. to regulate AI immediately
      6. 12% trust AI companies to take the lead and regulate themselves.

      An Overwhelming Percent of Americans Now Want to Pause AI and Tax Billionaires

    • #11391
      MickMick
      Participant

      Bernie Sanders is in town to lend his presence to support Proposition 40.

      Katie Porter is against it, so is Newsom. Ro Khanna of Santa Clara thinks it is a swell idea.

      Senator Bernie Sanders holds rally supporting Prop. 40, CA billionaire tax proposal in SF

    • #11392
      AvatarCornfed
      Participant

      Totally predictable.  Low-IQ folks don’t like people who are mostly better than them.  “They don’t deserve to be so rich.  Because I say so!”.

      “I don’t like to pay so much for prescriptions!”  So make the soulless corporations pay.

      “Force finance companies to charge lower interest rates, because I need to borrow beyond my means or beyond my ability to repay.  I need stuff to make my life more comfortable.”

      Total short term focus on self.  Americans have become far more needy.  They have the highest rate of consumption in the world, but they want more.

      “So what if we can eliminate the largest terror state and sponsor of terror in the Middle East?  If the price of gas exceeds $4.00/gal, I’m not interested.  I want to end the war today!”

      Everyone is out of their minds because we have spent $50 billion on this conflict so far.  In the meantime we have discovered that many times that amount have been uncovered in criminal fraud perpetrated by evil people against our safety net programs, many (if not most) of whom are illegal immigrants.

      God help us.

    • #11394
      AvatarHurlburt88
      Participant

      some seriously socialist indications in those polls!

    • #11396
      AvatarCornfed
      Participant

      That is one indication of their low IQ.

    • #11397
      AvatarBeeg_Dawg
      Participant

      Yeah, what Cornfed said.

      Couple of thoughts.

      • 79% want a 10% cap on credit card rates.  Uh, how about not using your credit card or if you do, pay it off every month.
      • 57% want U. S. Govt. to regulate AI immediately.  Asking government to regulate AI is like betting on the tortoise to beat a gazelle.  By the time legislation is passed – any legislation- AI will be generations and light years beyond the AI generation subject to the legislation.

       

       

    • #11398
      MickMick
      Participant

      All good points. To your points:

      1. I’d be willing to customize the solution on the credit card rates, as follows:
        1. Your debt is too high, therefore you cannot manage your credit, therefore, you are no longer allowed to use credit.
        2. In exchange, the U. S. government will purchase your outstanding debt and transform it into a 10% (or so) term loan.
        3. For the consumer’s part of the bargain, they can’t borrow again until their term loan is paid off.
        4. The govt will help them find additional work to pay off the loan sooner.
    • #11402
      BeyondThunderdomeBeyondThunderdome
      Participant

      [quote quote=11397]Yeah, what Cornfed said. Couple of thoughts.

      • 79% want a 10% cap on credit card rates. Uh, how about not using your credit card or if you do, pay it off every month.
      • 57% want U. S. Govt. to regulate AI immediately. Asking government to regulate AI is like betting on the tortoise to beat a gazelle. By the time legislation is passed – any legislation- AI will be generations and light years beyond the AI generation subject to the legislation.

      [/quote]

       

      Um, we’re referring to it as Super Intelligence now Beeg_Dog. Did you get the memo? We’re putting cover sheets on all the TPS reports, and anyone who doesn’t refer to A.I. As S.I. is now considered “the enemy”.

      This directive came straight from the Dear Leader. Please try to comply with the political correct words. Thank you for your attention to this matter:

      https://truthsocial.com/@realDonaldTrump/posts/117406176604364910

       

      Isn't that just super?

      When you understand "the deep state" simply refers to the rule of law, it makes much more sense.

    • #11405
      MickMick
      Participant
      Why do some people refer to it as “super intelligence” versus “artificial intelligence?”
      The distinction between artificial intelligence (AI) and artificial superintelligence (ASI) is important, particularly because the terms are increasingly used in discussions about the future of technology, business, and society. The simplest explanation is that artificial intelligence describes the technology, while artificial superintelligence describes a hypothetical level of capability that technology might eventually achieve.

      Three levels of artificial intelligence

      Researchers commonly distinguish among three broad categories:

      1. Artificial Narrow Intelligence (ANI)
      AI designed to perform particular tasks, sometimes at superhuman levels.
      Examples include today’s ChatGPT, legal research platforms, image-recognition systems, and specialized medical diagnostic tools. Although modern AI systems can perform many different tasks, they still have important limitations.
      2. Artificial General Intelligence (AGI)
      AI capable of performing a broad range of intellectual tasks at approximately human levels or better, with the ability to learn, reason, and adapt across unfamiliar situations.
      There is no universally accepted definition of AGI, and whether current frontier AI systems qualify remains contested.
      3. Artificial Superintelligence (ASI)
      A hypothetical AI that substantially surpasses the best human experts across virtually every important intellectual domain.
      This could include scientific discovery, technological innovation, strategic planning, mathematical reasoning, and creative problem-solving.
      No AI system has been demonstrated to meet this definition.

      Why are some people already calling it superintelligence?

      I see four explanations.

      First, AI already exceeds human capabilities in specific areas. Systems can process enormous quantities of data, recognize subtle patterns, and outperform human specialists on certain benchmarks. Some commentators confuse extraordinary performance in a specific discipline with general superintelligence.

      Second, the terminology reflects expectations about the future. Some technology leaders believe that AI development will progress from today’s systems to AGI and eventually to ASI. They sometimes discuss superintelligence as an anticipated destination rather than an existing reality.

      Third, the term has marketing value. Superintelligence sounds much more revolutionary than artificial intelligence. It can attract investors, customers, talent, and media attention. That doesn’t automatically make its use misleading, but the distinction between a research objective and a demonstrated capability matters.

      Fourth, the boundaries are genuinely difficult to define. Human intelligence isn’t a single measurable capability. An AI system might outperform the world’s best mathematicians while still struggling with tasks requiring physical intuition, judgment, or adapting reliably to unfamiliar environments.

      A useful distinction for the legal industry

      Consider how these categories could translate into law-firm work.

      Capability Illustrative Legal Application
      Today’s AI Reviews contracts, summarizes discovery, drafts documents, identifies potential conflicts, and supports legal research
      AGI Could independently handle a broad variety of unfamiliar legal and business problems at human-expert levels, with appropriate oversight
      ASI Could potentially develop legal strategies, commercial insights, or approaches to complex disputes that exceed the capabilities of even the most accomplished human experts

      The second and third examples describe hypothetical future capabilities, not independently established features of today’s legal technology.

      My perspective

      The most important distinction isn’t whether AI can do something better than an individual human. It already can in certain domains.

      The consequential question is whether AI can consistently outperform the best human experts across a very broad range of domains, including unfamiliar problems requiring sophisticated judgment.

      That is a much higher threshold.
      Artificial intelligence and autonomy aren’t the same thing. An extremely intelligent system doesn’t necessarily have to operate independently, and a highly autonomous AI agent isn’t necessarily superintelligent.

      One question I find particularly interesting for professional services: If an AI system could develop a better litigation strategy than a team of elite trial lawyers, would clients still insist that human partners exercise final judgment?

      That question gets to the heart of how increasingly capable AI could transform law firms, their value propositions, and ultimately what clients are willing to pay for.

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