Robots should be taxed at the same level as the people they replace, to help fund better social services and education, according to Microsoft co-founder Bill Gates. Governments rather than businesses need to take the lead on managing the robotics revolution and ensuring there's a plan to deal with the unemployed workers it creates over the next 20 years, Gates told Quartz.
This signal was also spotted by Pallavi Ahuja on 25 Aug 2017:
"Bill Gates proposes tax on automation as a way to at least temporarily slow the spread of automation and to fund other types of employment."
In a new interview with Quartz, Microsoft founder Bill Gates makes a rather stunning argument-that robots who replace human workers should incur taxes equivalent to that worker's income taxes. "Right now, the human worker who does, say, $50,000 worth of work in a factory, that income is taxed . .
In a recent interview, Microsoft (msft) founder Bill Gates proposed that robots should be taxed. He anticipates that robots will replace large numbers of workers over the next 20 years.