Another cool thing about this tax is that it would automatically counteract decreases in the cost of compute. Say we make the tax 10% of the current cost of compute. Then when the next generation of chips comes online, and the price drops by an order of magnitude, automatically the tax will be 100% of the cost. Then when the next generation comes online, the tax will be 1000%.
This means that we could make the tax basically nothing even for major corporations today, and only start to pinch them later.
Another cool thing about this tax is that it would automatically counteract decreases in the cost of compute. Say we make the tax 10% of the current cost of compute. Then when the next generation of chips comes online, and the price drops by an order of magnitude, automatically the tax will be 100% of the cost. Then when the next generation comes online, the tax will be 1000%.
This means that we could make the tax basically nothing even for major corporations today, and only start to pinch them later.