Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

True Dough

(17,304 posts)
Fri Feb 17, 2017, 10:33 PM Feb 2017

Should the robot that takes your job have to pay taxes? Bill Gates says yes !

An interesting proposition from the head of Mircosoft...

Robots are taking human jobs. But Bill Gates believes that governments should tax companies’ use of them, as a way to at least temporarily slow the spread of automation and to fund other types of employment.

It’s a striking position from the world’s richest man and a self-described techno-optimist who co-founded Microsoft, one of the leading players in artificial-intelligence technology.

In a recent interview with Quartz, Gates said that a robot tax could finance jobs taking care of elderly people or working with kids in schools, for which needs are unmet and to which humans are particularly well suited. He argues that governments must oversee such programs rather than relying on businesses, in order to redirect the jobs to help people with lower incomes. The idea is not totally theoretical: EU lawmakers considered a proposal to tax robot owners to pay for training for workers who lose their jobs, though on Feb. 16 the legislators ultimately rejected it.

“You ought to be willing to raise the tax level and even slow down the speed” of automation, Gates argues. That’s because the technology and business cases for replacing humans in a wide range of jobs are arriving simultaneously, and it’s important to be able to manage that displacement. “You cross the threshold of job replacement of certain activities all sort of at once,” Gates says, citing warehouse work and driving as some of the job categories that in the next 20 years will have robots doing them.


https://qz.com/911968/bill-gates-the-robot-that-takes-your-job-should-pay-taxes/?utm_source=qzfb
4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Should the robot that takes your job have to pay taxes? Bill Gates says yes ! (Original Post) True Dough Feb 2017 OP
huh.....off to read article thanks TD irisblue Feb 2017 #1
Not a bad idea. Guaranteed income or something will be necessary. Hoyt Feb 2017 #2
K & R - Great Idea.....nt global1 Feb 2017 #3
Great idea, and I agree. (n/t) klook Feb 2017 #4
Latest Discussions»General Discussion»Should the robot that tak...