Backlash Builds Against Bill Gates' Call For A Robot Tax (cbsnews.com)
Bill Gates argued governments should tax companies that use replace humans with robots, which "provoked enough negative feedback to fry a motherboard," according to CBS News. Here's how they summarized some of the reactions:
- "Why pick on robots?" former Treasury Secretary Summers asked in a Washington Post opinion piece, which called Gates "profoundly misguided." The economist argued that progress, however messy and disruptive sometimes, ultimately benefits society overall.
- Mike Shedlock, a financial adviser with Sitka Pacific Capital Management in Edmonds, Washington, wrote on his blog that robot owners, who likely would pay the tax, would simply pass it along by jacking up prices.
- The European Union's parliament in February rejected a measure to impose a tax on robots, using much the same reasoning as Gates' critics.
But even while acknowledging that technology can complement humans rather than replacing them, a Bloomberg columnist argues that "Gates is right to say that we should start thinking ahead of time about how to use policy to mitigate the disruptions of automation." So if we're not going to tax robots, then how should society handle the next great wave of automated labor?
because you would not want to tax the ultra mega rich people that actually have enough money to help feed & house the disabled, poor & homeless, they need to buy that new yacht, jet and new limo every year
Politics is Treachery, Religion is Brainwashing
UBI would still involve plenty of motivation to work. You're always going to make more money if you work.
Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
Exactly. It's human nature to always want more, which is why billionaires don't stop trying to make money. It's also how we define ourselves (especially men) within society, by what we do. Communism failed in large part because it ignored this fundamental fact, and removed the incentive to work harder/better, or to invest anything, be it time, effort, or money.
Look at it this way - if you won a contest that gave you $1,000 a month from now on, tax-free, would you quit your job, or would you think to yourself "I have $1000 more per month to spend on fun stuff!" Now, maybe you'd quit your job to go back to college for a better degree, in order to get an even better job, but is that a bad thing either?