Bill Gates Is Wrong That Robots and Automation Are Killing Jobs

Bill Gates Is Wrong That Robots and Automation Are Killing Jobs

In a recent interview, Microsoft (msft) founder Bill Gates proposed that robots should be taxed. He anticipates that robots will replace large numbers of workers over the next 20 years. By taxing the robots, he argued, we would slow down the pace of automation and the funds raised could be used to retrain and financially support displaced workers, who could then move into new jobs in health care, education, or other areas where human labor is needed.

While Gates is right that robots—not just traditional industrial robots, but all sorts of artificial intelligence applications—are indeed likely to automate a lot […]

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