Resources / Recordings / Windfall Trust

Recording

Windfall Trust

With Anna Yelizarova


Date

The windfall clause is a promise for any AI companies to donate much of their windfall if they experience astronomical profits. Such profits would be on the order of 1% of global GDP. The windfall trust is an entity designed to manage this abundance should it ever come to fruition. The assets the trust holds would belong to all of humanity, with an implementation of universal basic income to the poorest first to create a steadily rising income floor. The institute is attempting to answer legal questions about the process as well as figure out governance and distribution methods.

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