Comment on Elon Musk says Optimus will 'eliminate poverty' in speech after his $1 trillion pay package was approved

ByteJunk@lemmy.world ⁨1⁩ ⁨week⁩ ago

This is astonishing.

He’s hoarding the profits of automation for himself, while socializing the lost wages and poverty that will come from this.

But the issue is that we know full well that they’ll escape paying out their massive profits as taxes, which is what MUST happen for the model to work. Shareholder payouts need to be taxed at like 50+% rate or even more.

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