Quotulatiousness

April 6, 2017

Words & Numbers: Taxing Robots Does Not Compute

Filed under: Business, Economics, Technology — Tags: , , , — Nicholas @ 04:00

Published on 5 Apr 2017

This week, Antony and James break down Bill Gates’ recent suggestion that companies that use robots instead of human workers should pay employment taxes in order to fund new welfare programs.

2 Comments

  1. There doesn’t seem to be any content in this video. It repeats the oft-heard argument that workers who are displaced find other jobs, but they give zero basis for assuming that will be true with robots. I wasted my time listening to most of it, as your posts are usually great, but oooops not on this one!

    Comment by Commenter0 — April 6, 2017 @ 13:47

  2. Sorry you didn’t find it as informative as you’d hoped. I do think they’re correct, as there’s nothing magical about robots that hasn’t been true of so many other labour-saving devices, and it’s fantastically amusing that Bill Frickin’ Gates is the most recent one to call for essentially Luddite responses to what got him his billions of dollars.

    Comment by Nicholas — April 6, 2017 @ 14:10

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