Bill Gates Suggests Tax On Robots

Bill Gates, one of the founders of Microsoft, has recently suggested that robots that replace human workers should be taxed in such a way as to duplicate 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 . . . If a robot comes in to do the same thing, you’d think that we’d tax the robot at a similar level.”

Gates argues that these taxes, paid by a robot's owners or makers, would be used to help fund labor force retraining. Former factory workers, drivers, and cashiers would be transitioned to health services, education, or other fields where human workers will remain vital. Gates even suggests the policy would intentionally “slow down the speed of that adoption [of automation] somewhat,” giving more time to manage the broader transition.

Mr. Gates is a bit late in his suggestion; for example, here is author John Twelve Hawks writing in his excellent new novel Spark:

The Freedom to Work Act was one of several bills passed in Congress after the Day of Rage. The new law said that companies were free to fire any employee, but a worker replaced by a nubot that "appears or pretends to be human" had to be compensated.
(Read more about Replaced Worker Benefits)

Via Fortune.

Scroll down for more stories in the same category. (Story submitted 2/17/2017)

Follow this kind of news @Technovelgy.

| Email | RSS | Blog It | Stumble | del.icio.us | Digg | Reddit |

Would you like to contribute a story tip? It's easy:
Get the URL of the story, and the related sf author, and add it here.

Comment/Join discussion ( 0 )

Related News Stories - (" Robotics ")

3D Printed Stretchable Skin For Robots AND You!
'Three rows of four colored dots appeared on the heel of my left hand...' - John Varley, 1992.

MIT's C-LEARN Helps Robots Transfer Learning To Other Robots
'Talk Between Robots radio...' - Frederik Pohl, 1954.

Bionic Eye-Hand Combo Robot Grasps Objects On Its Own
'The crawling, exploring object was V-Stephen's surgeon-hand, a self-contained robot...' - Philip K. Dick, 1955.

FarmBot, Your Personal Robotic Farmer
'A robot farmer was plowing...' - Philip K. Dick, 1954.

 

Google
  Web TechNovelgy.com   

Technovelgy (that's tech-novel-gee!) is devoted to the creative science inventions and ideas of sf authors. Look for the Invention Category that interests you, the Glossary, the Invention Timeline, or see what's New.

 

 

 

 

 

Current News

Spider Flyer Walker Space Suit For Mars Astronauts
'The eight thin metallic legs were pointed downwards...'

Anti AI AI Wearable Detects Artificial Voices
Combats another wearable, the voice-changing bowtie.

Drones Will Transform Cities
Where we're going, we don't use roads.

Orbital Space Tourism For $1M
'Big cigar. Narrows at the ends.'

Prynt Pocket Prints AR Pix Right In Your Hand
A printer for the palm of your hand.

3D Printed Stretchable Skin For Robots AND You!
'Three rows of four colored dots appeared on the heel of my left hand...'

Bat Bot Robotic Flapping-Wing Drone
'The dark birdforms dotted the mountaintops like statues of prehistoric beasts, wings outspread...'

NASA's Astronaut Rescue Ball
'Ball and closely-prisoned man plummeted downward..'

ARM Wants To Build Brain Chips
'Slivers of microsoft, angular fragments of colored silicon...'

Sky Fence - A Drone-Proof Shield Created Over Prison
'There’s still a protective field over the whole thing. It volatilizes anything that tries to get through.'

Geoengineering The Atmosphere For Climate Change
'...a uniform temperature for each degree of latitude the year round.'

Archinaut Orbiting Robotic Factory
'mass-produced only in the orbiting factories...'

Cryonic Preservation - The Last Perk You'll Ever Need
'Is there not also a law providing for voluntary suspension of animation?'

Computers Understand Humans By Watching And Modeling Them
Soon, your computer will be watching you... and judging you.

NASA Asks For Moon To Earth Delivery Ideas
'Authority's 3-g catapult was almost one hundred kilometers long...'

Musk Tunnels Wisely Restrict Drivers
Too many robots.

More SF in the News Stories

More Beyond Technovelgy science news stories

Home | Glossary | Invention Timeline | Category | New | Contact Us | FAQ | Advertise |
Technovelgy.com - where science meets fiction™

Copyright© Technovelgy LLC; all rights reserved.