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 ")

Robot Buddhist Priest Chants, Drums
'He crossed the waiting room to the Padre booth...' - Philip K. Dick, 1969.

X2-VelociRoACH Cooperates To Launch Tiny Drones
Little robots cooperating can do big tasks. Eventually.

An 'Ethical Black Box' For Robots?
Explored by science fiction authors.

Kino Project Roaming Personal Fashion Robots
'Most of the crew have the tiny imp ride on their shoulder...' - Robert Forward, 1985.

 

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

Eden-ISS, Greenhouse In Antarctica
'With this kind of light we could get the gardens going again."

Make Space Tools On The Spot (Like Moties)
'A moment ago it was squeezing silver toothpaste in a ribbon...'

Will Robots Be Moral If We Raise Them Like Our Children?
'The birth of Machine, my robot child...'

Foldable Galaxy Phones, I Swear They're Coming (Maybe)
How hard can it be?

Bacteria Behave Differently In Space
'The Republic struggled to control its Sours...'

Brain Connected To Internet - ‘Brainternet'
Fascinating!

Artificial Spider Silk
You can also use it to make a roof - on an asteroid.

MIT Tunes Ions For Frictionless Surface - Superlubricity!
'My telelubricator here neutralizes the interatomic bonds the surface of any solid...'

Seiko Astron Always Knows Your Time Zone
'Harrington glanced at his wrist watch - a bulky affair - and whistled.'

Robot Buddhist Priest Chants, Drums
'He crossed the waiting room to the Padre booth...'

Koniku Kore, Mouse Brain-Based Chip, Detects Explosives
'As a matter of fact, this mouse is going to keep on thinking forever.'

CNH Industrial Autonomous Tractor Concept Video
'...the tiny red glints of self-guided tractors.'

The Neuroon Open Sleep Tracker For Lucid Dreaming
'Leads trail away from insertion points on her face and wrist... to a lucid dreamer on the bedside shelf.'

Siri Now Smoother, Perkier (Thanks, Deep Learning!)
'Good morning, Dr. Chandra. This is Hal.'

China's Drone Fleet Flies In Formation
'Programmed to hang... in a hexagonal grid pattern.'

Neuralink, The Latest Elon Musk Passion
'I used my implant to tell MILLIE [a mainframe computer] what we wanted...'

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.