Prof of Law @ UCDavis | Co-author of Sharing the Algorithm, the AI stock tax framework behind the Sanders American A.I. Sovereign Wealth Fund Act

Joined May 2022
We’ve been getting a lot of headlines for our AI tax proposal, but I wanted share a little behind the scenes. Long before @BernieSanders read our article and even before @ColumJTaxL published it, @bearerfriend and I were presenting our work in progress to law faculties around the world. Yesterday was actually the two YEAR anniversary of the first time presenting this paper, first at the University of Amsterdam Center for Tax Law. After that it was at the 2024 annual conference of @TaxResearchNet at Cardiff University / Prifysgol Caerdydd. From there we added The George Washington University Law School, University of California, Davis, University of Missouri-Columbia, Columbia Law School & Villanova University Charles Widger School of Law. Each of these talks helped refine the work, raising important questions and leading us to better answers. Writing can be solitary, but good research is a social process that entails constant review and engagement with peers.
1
3
11
1,993
I have a new book coming out in February about how people can fight back locally against things like, eg, YouTube or Meta deciding what content you get, and AI tech lords deciding our industrial policy. Please pre-order! I'll come visit and do a book talk as many places as I can. The goal is building local power.
5
38
3
158
5,310
So much to be said about this but a great place to start is with tremendous respect to the leadership and scientists of @AnthropicAI starting with @DarioAmodei @DanielaAmodei @jaschasd @_sholtodouglas @ethansdyer
We’re committing a portion of Anthropic’s shares to the Anthropic Public Benefit Fund, a new wholly owned entity dedicated entirely to the public benefit. It will start off with 5% of our shares. For every 50% increase in the company’s value over a set baseline, we can contribute up to an extra 2%, subject to our board’s discretion. In total, this means that roughly 20% of Anthropic’s shares are committed to the public good. Our co-founders have already pledged to donate 80% of their equity, and around half our employees are donating a portion of their equity as part of a donation matching program we’ve run since our founding. In the post below, we share more details about our new fund. anthropic.com/news/public-be…
3
1
2
6
6,580
Of course philanthropy doesn’t replace public voice via an AI stock tax, but multiple economic responses to AI can co-exist and very pleased to see the landscape of public benefit evolving. Well done @AnthropicAI
1
323
Really enjoyed sharing my new paper on frontier AI and trade secrets today with the AI and Law seminar at @UMichLaw. The students' discussion was top notch. Thank you Professor Nicholson Price for the invitation!
2
114
Excellent points (with which I agree). There is an urgent piece on this by law professors Hartzog and Silbey: "...AI’s second fatal flaw for institutions is that, by design, it short-circuits organizational decision-making. AI systems are built to outsource moral and intellectual choices and remove points of human contestation within organizations. AI systems make it all too easy to let the machine drive in instances where reasonable people could disagree about the right path. When we offload important decisions to AI automation, we remove the opportunity for self-reflection and social negotiation of problems. And new research shows that if given the opportunity to offload moral responsibility to a machine, people will. But, taking time to consider your choices and discuss differences with others is essential for adaptation, internal solidarity, and external legitimacy. Reflect on the frustration “talking” to a chat bot for ordinary commercial transactions. Now imagine the chat bot on the 911 call, in the automated ambulance, and at hospital intake. There are some roles AI should not play. " accountableaiforum.com/p/thi…
This is another reason why I've recently become human-pilled for law. Law is where we operationalize our values as a basis for resolving disputes. It's tempting to turn that over, even in part, to AI—it would be more efficient and cheaper. But we don't need to do that. Recently there's been a lot of talk, led by people working in @AnthropicAI but joined by a lot of legal scholars and others, of how AI-assisted legal research and filings are already showing signs of potentially overwhelming our already stretched legal system. And, in turn, how this motivates the use of AI in supporting and, in the case of arbitration, even replacing human decision-making. But I don't understand why we need to go there? We're already headed there with broader education, but especially if AI delivers on its promise, we are shortly going to be in a situation where there's a surplus rather than shortage of knowledge workers. In that case, we have an opportunity to greatly expand the population of people who can be counsellors, advocates, jurists, and neutral arbiters and mediators, and other participants in dispute resolution. I've been wondering why more people aren't thinking this way. We can be look to, for example, the response to the growth of AI in creative industries where more and more people who previously lacked the resources to do expensive CGI and viz effects can now have access to that more cheaply and to create things they couldn't do otherwise.
1
205
It enters the calculus because they are training on your prompts, so your restraint is pre-cleaning their data for them.
I don’t understand why this consideration of “being kind” to a model even enters the calculus. Are you “kind” to a calculator? Are you “kind” to your remote control? I’m sorry but allowing emotion to enter your mindset when interacting with a model is a symptom of AI psychosis. And to be clear, I’m not saying “cruelty” is good either. In fact, it is just as bad because, in both instances, you are attributing human emotion to an inanimate object. A model is a thing. You simply use it. There is no “kind” or “cruel;” there is “productive” and “unproductive”—that’s it. Anything more is allowing your mind to get twisted into believing a weird fairy tale.
2
5
269
Excited to speak today at my alma mater @queensu Colloquium on Tax Law and Policy today, with Jeremy Bearer-Friend, presenting our framework for an AI tax paid in stock, not cash! @queensulaw
5
118
Yes! Ordinary Americans—directly not solely via politicians or @sama —should be deciding the direction of AI. Glad to hear the support for approaches like @SenSanders American A.I. Sovereign Wealth Fund Act S.4825 Listen to @asana co-founder Justin @rosenstein! So many good, workable ideas here 👇
I have a bold suggestion for America’s next AI Czar: Put the people in charge of AI’s future.
2
4
420
We feel that we're searching for answers, and the important one is this: the structure and gravity of the risk are such that we already have the information that we need to make the right decision. Stop frontier AI development. Important piece in @TIME by @geoffreyirving who led the Scalable Alignment Team at DeepMind and the Reflection Team at OpenAI; neural network theorem proving at Google Brain Support @RepCasar and @SenSanders bill
2
4
209
One person = one vote. No compromise. Important work is underway by @lessig’s @EqualCitizensUS and @neal_katyal to get super PACs out of politics 🇺🇸🙌
Are you ready for a radical idea? Billionaires should not buy our elections. One person, one vote.
2
111
Even black holes are “computers”, the fastest around says @A_G_I_Joe. No consciousness there
Arguing that "consciousness arises from a computational substrate, and since AI models are computation, they are likely conscious," is as meaningless as arguing that "living creatures are made of atoms, and since this rock is made of atoms, it is likely alive." Everything is computation. Sometimes incredibly sophisticated computation, like a chess engine, AlphaGo, google3, or the Linux kernel. That does not make it conscious. A rock being made of atoms does not confer it any of the properties we associate with living things, also made of atoms. Likewise a static input-output program that has *none* of the properties we associate with conscious beings (e.g. information integration, interoception, temporal binding, embodiment, etc.) has no more reason to be presumed conscious than a rock has to be presumed alive. Humanity has not yet created a conscious computer program, and there are no signs we are close to doing so. When we get close, the case for machine consciousness will be backed by evidence and corroborated by consciousness science (which is a thing), not by evidence-free wishful thinking and cargo culting.
2
1
293
Sarah Polcz retweeted
Early warning signs are mounting that AI is already impacting the job market in NYC. New data just out show entry-level job postings in the city are way down in the careers most exposed to AI. Below chart shows change in NYC since 2022: This is coming fast and we are doing almost nothing about it.
170
269
78
1,599
360,808
Thanks to @OxfamAmerica for inviting Jeremy Bearer-Friend and me to present our AI stock tax framework, now introduced to the Senate in @SenSanders American A.I. Sovereign Wealth Fund Act. The questions we got from Oxfam were some of the most on-point yet and engagement from such a sharp audience is a real highlight of this work. Check out Oxfam's excellent initiatives on AI, inequality and workers’ rights 👇
1
1
217
It was a pleasure to present my framework developed with Jeremy Bearer-Friend for AI stock taxes to the Institute on Taxation and Economic Policy (ITEP) this week! @iteptweets
3
188
This is incredible. 100% endorse JR for AI Czar.
The President is choosing an AI Czar, and I'm throwing my hat in the ring (dark horse though I may be). From developing Google Drive to founding Asana and One Project, I've spent a career helping people collaborate on hard problems. Collaborating to steer the future of AI is our hardest problem yet. AI will supercharge whatever goals we give it. It could cure diseases, create industries, and make life more affordable for everyone. But if we aim its enormous power at the wrong goals, even unintentionally, the results could be catastrophic. I saw it happen after I helped create Facebook's Like button. This isn't a partisan issue. We don't have to choose between the President's vision of "building America's Golden Age" and protecting human wellbeing. They're one and the same. As AI Czar, I would: 1. Let Americans decide what to do with the money AI generates. President Trump wants Americans to share in AI's success, calling it "a partnership with the American public." He's right. A share of AI's wealth should go to the public: we, the people, whose cultural output is the resource these companies mine, and whose lives they'll disrupt. But if AI does all the work, and only a few people own it, a dividend check alone leaves the rest of us with no leverage at all. And handing the money to political appointees ties it to politics. Instead, I'd push for participatory budgeting, where Americans decide together how to invest it. In Columbus, Ohio, residents are practicing it to decide how to spend $9 million. 2. Give Americans a governing stake in major AI companies. Senator Sanders has proposed the U.S. take a governing stake in the labs. I'd go one step further and put it in the hands of the American people, through a citizens' assembly on AI, not another Washington commission. 3. Lead the world toward international cooperation, like we did with nuclear safety. The President has said, "Whoever wins AI, wins." But if AI puts humanity in danger, everyone loses. Just as America pioneered nuclear safety protocols and then led the creation of the International Atomic Energy Agency, we can lead on democratic control of AI, with citizens' assemblies of everyday Americans, chosen by lottery and supported by experts, proposing the goals AI must serve and the guardrails it must honor. Washington would have to adopt each proposal or publicly explain why not. Assemblies are already shaping AI policy in the UK, Belgium, and Taiwan. Ours would also lend democratic legitimacy to U.S. proposals in talks like the ones Secretary Bessent recently began with China. President Trump is optimistic about the future of AI, and I want to be too. As AI Czar, I would do what I do best: help people collaborate. Together, we can prevent the worst and realize the full promise of AI: a stronger, healthier, more prosperous America, and world. If you agree that Americans deserve a say in AI's future, please share this, and share your ideas (or feedback on mine) in the comments.
1
2
577
Sarah Polcz retweeted
it’s funny to see tech accelerationists and tech skeptics cohering around “we have all the existing laws we need to regulate ai.” unless paired with consistent demands to enforce specific laws, this is the language of mollification and passivity. it’s meant to be a conversation ender. and there are all kinds of reasons why one might want to do that, such as: a financial stake in keeping ai unregulated, an ideological reluctance to concede anything that even resembles industry hype, a cultural commitment to “nothing ever changes” cynicism. but ultimately, the lack of urgency from accelerationists and tech skeptics reveals a deep pessimism about ai capabilities, and what those capabilities might entail.
14
12
5
92
5,793