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 ")

When Computers Develop Their Own Language, Will They Talk To Us?
'The curious absent look of a robot talking on the TBR circuits - the Talk Between Robots radio...' - Frederik Pohl, 1954.

Robot Strolls Field, Examines EVERY Plant
'The great machines that did the work ... required but a few dozen men to cultivate an entire county.' - John W. Campbell

TITAN-III Spider Robot Is WAY Too Quick (Video)
'My little friends can find you wherever you go!' - Michael Crichton, 1984.

Bill Gates Suggests Tax On Robots
'A worker replaced by a nubot that 'appears or pretends to be human' had to be compensated...'- John Twelve Hawks, 2014.

 

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

PassivDom 3D Printed House - What If You Could Live Anywhere?
'The houses are prefabricated units...'

Breakthrough In Manufacture Of Red Blood Cells
This blood's for you!

Caihong Solar-Powered Drone 'Atmospheric Satellite'
'... placed in the wings of a plane to generate power from the light falling on that surface.'

NASA Wants Low Earth Orbit Wifi
'This was the center of Interplanetary Communications.'

Is Genetic Testing At Businesses A Bad Idea?
It's not a topic that fares well in science fiction movies-

Wearable Smart Jacket
He pressed the button in his sleeve communicator and snapped: 'Action stations!'

Store One Bit On One Atom
'...each individual molecule has a meaning.'

Fluorescent Bacteria Fashion
'The racks of gowns itched and quivered, their colors running into blurred pools.'

Keith Laumer's Bolo Autonomous Tanks Right On Schedule
'I cannot lie idle under attack.'

When Computers Develop Their Own Language, Will They Talk To Us?
'The curious absent look of a robot talking on the TBR circuits - the Talk Between Robots radio...'

LipNet Reads Lips - Until Disconnected, That Is
'We'd have to cut his higher brain functions... I'm not sure what [HAL} would think about that.'

Eterni.me - To Skype With The Dead
'Nothing... left of Jeserac but a galaxy of electrons frozen in the heart of a crystal.'

Wearable MRI Is Former Occulus/Facebook Exec's New Project
'Your cephalochromoscope... that you always turn on and play when you get home...'

Ford Stratasys Infinte Build 3D Printer
'He proudly indicated his Buick... Almost as good as the original it was printed from...'

The Space Suit As Personal Spaceship
'Darn clever, these suits...'

Dune Fans! Your God Emperor Is Ready
'If one held a sandtrout in the hand, smoothing it over your skin, it formed a living glove.'

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.