The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism (2014)
“Things like the proposed tech tax are actually a very good idea. The specific form of it is debatable, but the idea is that five companies are worth $3.5tn, basically because of network externalities and information monopolies, and therefore are absolutely right for efficient taxation… The marginal cost of production of AI is effectively zero. The ability to make these technologies available to the poorest countries at no cost is an evident option. So we should be taking special care to make sure that this revolution can reach everybody.”
Tech tax' necessary to avoid dystopia, says leading economist, the Guardian, 23 Oct 2018 https://www.theguardian.com/technology/2018/oct/23/exclusive-tech-tax-jeffrey-sachs-ai-wealth-facebook-google-amazon
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Jeffrey D. Sachs 29
American economist 1954Related quotes
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