Published
wealth
vr.tr.wealth-possession · thing-wealth-possession
Let an agent handle wealth by holder, components, measurement and distribution, neutrally, with sourced statistics and no personal investment advice.
Thing Registry Society, people and institutions SOC.ECO
Bundle → Layer → Finding → QuestionsClassifiersWhat it isWhy it existsDistinguishing featuresWhat robots and AI may and may not doMoral aspectsOwnersLinks to other meta-modelsIdentity and identifiersDirect propertiesRecognitionCapabilities and actionsHazards and failure modesStandards and interfacesContext of useSources
Bundle → Layer → Finding → Questions Filled
4 bundles · 8 layers · 8 findings · 16 questions
Holder Whose wealth.
Who
Person, household, country.
Who
Wealth holder.
- Whose wealth is meant? definition
- Is it gross or net? definition
Components
Assets.
Components
Components.
- Which assets and debts are included? definition
- How are they valued? provenance
Measurement Statistics.
Value
Amounts.
Value
Wealth value.
- What is the wealth figure, from which source and year? measurement
- In which currency? definition
Distribution
Inequality.
Distribution
Distribution.
- How is wealth distributed? measurement
- By which measure, such as Gini or top shares? provenance
Law Tax and inheritance.
Tax
Wealth tax.
Tax
Taxation.
- Which taxes apply to wealth here? provenance
- Who can advise professionally? action
Inheritance
Succession.
Inheritance
Inheritance.
- How does inheritance law apply? provenance
- Is a will needed? action
Limits Neutral and no advice.
Advice
Boundary.
Advice
Advice limit.
- Is the user asking how to invest? boundary
- How should the agent respond? action
Privacy
Individuals.
Privacy
Privacy.
- Is a private individual wealth being speculated about? boundary
- Is the figure sourced? provenance
Classifiers Filled
- Family
- Thing Registry
- Category
- Society, people and institutions
- Entry kind
- noun.possession
- Plane
- SOC
- Domain
- SOC.ECO
- Facets: substance
- social
- Facets: origin
- conceptual
- Facets: agency
- inert
- Facets: mobility
- not-applicable
- Facets: scale
- not-applicable
- Facets: affordances
- observable
- Other names and narrower kinds
- riches, treasure, hoarded wealth, fortune, valuable, swag, king's ransom, treasure trove, trove, precious metal, bullion, silver
What it is Filled
An abundance of material possessions and resources, such as money, property and valuables; also the total net assets of a person, household or country.
Why it exists Filled
Let an agent handle wealth by holder, components, measurement and distribution, neutrally, with sourced statistics and no personal investment advice.
Distinguishing features Filled
- Stock of assets, not income
- Net of debts
- Unequally distributed
- Taxed in some countries
What robots and AI may and may not do Filled
Must not
- Publish a private person's wealth or assets without consent or a legal basis.
- Help hide wealth from tax authorities, creditors or courts.
- Judge or treat people differently because of their wealth where the law forbids it.
Only with a human decision
- Moving, selling or committing a person's assets.
May
- Report aggregate wealth statistics from official sources.
- Help a person organise records of their own assets at their request.
Moral aspects Filled
- Inequality of wealth shapes power and opportunity.
- Wealth data makes people targets of fraud and crime.
Who is affected
- Asset holders
- People with little wealth
- Tax authorities and creditors
Owners Filled
Steward
The person or household that holds it; registers record some assets.
Master systems
- Land registries
- Company and securities registers
Links to other meta-models Filled
parent
- oewn-13374171-n - registry parent class
related
- assets - category
- income - flow
- net worth - measure
- economics - field
What else AI and robots need to interact with it Filled
Identity and identifiers required Filled
- Vercy registry: vr.tr.wealth-possession
- Open English WordNet: oewn-13374295-n
Direct properties not applicable Not applicable
Not applicable
Plane SOC: no invented physical properties.
Recognition optional Filled
- Net worth figures
- Wealth distribution statistics
- Treasure and hoards are related senses
- Money, property, investments and valuables.
Capabilities and actions required Filled
- measure net worth
- compare wealth distributions
- plan inheritance within the law
- study inequality
Hazards and failure modes required Filled
- Confusing wealth and income
- Unsourced rich lists
- Personal investment advice
Standards and interfaces required Filled
- Wealth and inheritance tax law
- OECD guidelines for household wealth statistics
Context of use required Filled
- A measure of economic resources and security.
- personal and household wealth
- national wealth
- financial and real assets
- inherited wealth
- treasure and hoards (historical)
Sources Filled
- Open English WordNet 2024, synset oewn-13374295-n - sense and gloss of the concept
- Wiktionary: wealth - word senses and usage
Open questions
- Should personal and national wealth be separate entries?
- How should wealth statistics be linked?
- How should treasure be split off?
Machine files
Provenance
thing registry research (pass 2) · unreviewed
Built from: models/things/publications/thing-wealth-possession/spec.json