FRANKFURT, Germany–(BUSINESS WIRE)–
The following is a statement by the World Federation of Robotics IFR:
"Bill Gates´ latest idea to tax robots aims to solve a problem that does not exist: empirical analysis of economic data and forecasts shows that automation and the use of robots create new jobs by increasing productivity. This is in line with the historical experience of technological revolutions, last seen when computers and software automated the business world. To tax production tools instead of their profits would have a negative impact on competitiveness and employment. This is presumably why the European Parliament rejected the idea […]
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