The Dividend Standard

The Dividend Standard: what we owe the workers our AI replaces.

If we want things to be different, we have to do things differently.

Our commitment is fixed. The standard is an invitation. A company that profits from automating people's jobs owes something real to the people whose jobs it automated. Our share is the greater of 5% of our qualifying revenue or 70% of our adjusted profit, every year, granted to displaced workers as ownership. That is settled and it is ours to keep whether or not anyone joins us. What we are inviting others to build is the rest: the industry standard, the safe harbor in law, and the coalition of companies that would let all of us give back far more than one company can alone.

Why we're doing this

We build software that does work people are paid to do. We are not going to pretend otherwise, and we are not going to pretend it lands softly on the people it replaces.

AI is going to create an enormous amount of wealth. The question that actually matters is who ends up holding it. If nothing changes, the answer is the companies that build and buy these systems, along with the investors behind them. The person whose job went away gets a severance check, if they are lucky, and a note wishing them well.

We build these systems and we make money doing it, so this is ours to help fix. We commit the greater of 5% of our qualifying revenue or 70% of our adjusted profit, every year, to the people our products put out of work, granted as ownership. This page shows how that works and asks the rest of the industry to adopt the same standard.

One hard fact sits underneath all of it. No single company can solve this alone, and the reason is arithmetic, not nerve. When our software replaces a job, most of the money that job used to cost never reaches us. It stays with the business that bought the software and stopped paying the salary. We only ever see a slice of it. So our profit on its own, even every cent of it, cannot make a displaced worker whole. That is why we are proposing a standard for the whole industry rather than quietly writing our own checks.

What we believe

A few beliefs sit under the plan.

We will publish real numbers, including the ones that make us look small. A company earning a few million in profit while its software erases far more than that in salaries cannot honestly claim to make those workers whole.

The workers' share should be ownership, not a handout. A check can be stopped the first year money gets tight. A stake in the company is much harder to take back, and it keeps paying as the business grows. So the goal is to give displaced workers a genuine share, held somewhere a future board cannot quietly undo.

The need is temporary, but the money it draws on is not. The wave of lost jobs will eventually crest. The profits of an automated economy will not. That gap is the reason any of this can work, because a fund fed by lasting profits can keep paying people long after the hardest part of the transition has passed.

It only holds if others join. On our own, we can return very little before a competitor who returns nothing undercuts us. Every company that adopts the same standard raises the amount all of us can afford to give back. It is one of the few commitments that gets easier to keep the more people make it.

What we're proposing

Here is how our own commitment works. The number is set: every year we direct the greater of two figures to the people our products displace.

The greater of 5% of revenue or 70% of profit. Five percent of our qualifying revenue, or seventy percent of our adjusted profit, whichever is larger that year. The revenue floor is the part that matters most in the early years, because a company can reinvest everything and show almost no profit; a pledge tied only to profit can quietly pay nothing. Tied to revenue, real money flows even in a year we lose money. As we mature and margins grow, the profit figure overtakes the floor and the commitment rises with it. Both figures are defined against our audited financials, with mandatory add-backs so profit cannot be suppressed by paying insiders above market or dressing up owner distributions as costs. The one exception: in a year we could not pay the floor without threatening the company's survival, the shortfall carries to the next profitable year and we say so publicly. That is the only deferral, and it never applies to the profit figure.

The commitment is live now. A displaced worker files a claim, we verify it, and we pay. We are not waiting for a perfect structure to be finished before the first check goes out.

A trust that holds the promise. We are placing a special class of shares into an irrevocable trust whose only job is this. Those shares carry the right to the pledge we pay out and a share of the proceeds if the company is ever sold, codified in our charter as a public benefit corporation and changeable only by a supermajority of both the board and every class of shareholders. The point is to turn the commitment into a property right that outlasts us and cannot be voted away.

A stake for each displaced worker. Someone whose job our software replaces would receive units in that trust, sized to the pay they lost, and paid out over years rather than all at once.

A contribution from the businesses that save. Most of the money automation frees up stays with the company that bought the software, so the draft asks those buyers to pass a share of their verified savings back into the fund. It would start small and rise as more of the industry takes part. The buyer still comes out ahead from the first day, and the worker gets a ramp instead of a cliff.

One number to judge us by. The standard comes down to a single figure: for every dollar of wages our software displaces, how many cents actually reach the worker who lost them. A company acting alone can only fund a small part of that dollar, because most of the displaced salary stays with the business that bought the software, not with us. On our own, our commitment funds on the order of ten to fifteen cents of every displaced dollar. With buyers contributing under a shared standard, that reaches toward sixty. The gap between those two numbers is the entire reason we are asking the rest of the industry to join. A company doing none of this returns nothing at all.

To the worker whose job we automated

You did nothing wrong. The work changed underneath you, the way it changed for the people who ran switchboards and set type before you. The one difference we are trying to make is that this time the people who built the machine owe you something real and put it in writing.

We are not going to tell you this makes you whole. In the best honest case, what these pieces add up to is several years of your pay, spread across the years ahead. That is real money that can change a life, and it is still less than the job itself would have paid you over the same time. What it is meant to be is a funded transition and a lasting stake in the economy that replaced your job. What it improves on is what workers have been handed every time before this, which was a severance check and good luck.

To the CEO deciding whether to join

We are not going to appeal to your conscience. The case is in the numbers. Every company that automates away workers is, across the economy as a whole, automating away its own customers. A person who has lost their income and has no clear way to a new one cannot buy what you sell. A standard like this keeps money in the hands of the people you are counting on to be your market. Henry Ford paid his workers enough to afford the cars they built, for this exact reason. The scale is bigger now. The logic has not changed.

Joining also changes what you can afford to give. On your own, you can return only a little before a rival who returns nothing undercuts you on price. When many companies adopt the same standard, that pressure eases and the amount each of you can sustain goes up. A smaller share of a company whose customers can still pay is worth more than the whole of one whose customers cannot.

To the lawmaker who can change the rules

This is one of the rare problems where fixing it costs less than leaving it alone. A few pieces need you specifically. Securities law already has clean paths for a company to grant shares to its own employees. It has no clean path for what this plan needs, which is granting them to our customers' former workers, people who never worked for us at all. That gap is why the rules would need a narrow and careful exemption.

The harder piece is antitrust. The laws that make price fixing illegal, the ones that stop competitors from quietly agreeing on what they charge, would also catch a group of AI companies agreeing to add the same transition contribution. It does not matter that the aim is to fund displaced workers rather than to raise profits. On paper, rivals coordinating on a shared charge looks close enough to a cartel that the risk of a lawsuit alone would keep any careful company from joining. A law written to protect customers would end up blocking one of the few things that could actually help them.

The fix is a narrow safe harbor. Lawmakers have made room like this before, when coordination serves a clear public purpose, and the same tool fits here. A company that follows the rules of a certified transition standard would be shielded from antitrust liability for that one kind of coordination and nothing else. Because the protection is tied to the certification, it covers funding workers and never turns into a license to fix prices on what a company sells. That is also why certified has to mean something real, with a recognized body and rules a company actually has to meet.

You can also help carry the cost, because every worker moved along a funded transition is one who does not file for unemployment. And once the model has proven itself, you could set a floor: any employer who automates owes a contribution toward the transition, which they can satisfy by joining a certified standard. Until it is proven, we are asking for room to try, not a mandate.

The ask

Our own commitment is set and in force. What is not yet built is the thing bigger than us: an industry standard, a coalition, and the change in law that lets it scale. If you are a worker, hold us to our number. If you run a company, take the model apart, and when it holds up, join us. If you write law, give this room to work. If you study this for a living, tell us where it breaks.

Help us build the standard.

An open invitation from IMCeleste. We are one company starting this, not a coalition pretending to be one. It becomes a real standard only if other people help write it and agree to it.