Bill Gates calls for robot tax to slow rate of automation

Bill Gates calls for robot tax to slow rate of automation

Microsoft co-founder Bill Gates thinks governments should tax robots that replace human labor as a means of slowing down the spread of automation.

The world’s richest man says that a ‘robot tax’ could be used to generate revenue that would finance re-training people for jobs that only humans could do, according to Quartz .

These jobs include taking care of the elderly and teaching kids in schools.‘You ought to be willing to raise the tax level and even slow down the speed’ of automation, says Gates.The rate at which robots will replace human labor is likely to accelerate in the next […]

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