AI Economics

Controlling the capital after AGI

Spectrum of post-AGI capital policies, from philanthropy to citizen control rights.
Source visual: Epoch AI

Summary

Trammell and Ho organize post-AGI redistribution proposals by how much control citizens receive over income-generating capital. Cash transfers, sovereign wealth funds, universal basic capital, and stronger control rights may deliver similar income while creating very different shareholder power, political security, and exposure to concentrated ownership.

Why it matters

The essay shows why distributing capital income is not the same as distributing control over the machines that may generate it, especially if labor loses economic and political leverage.

What to keep in mind

This is a conditional political-economy framework, not evidence that labor will become economically irrelevant. The feasibility and risks of collective ownership, capital controls, and kill-switch-like powers remain unresolved.

Sources