Bill Gates: "Taxation is certainly a better way to handle it than just banning some elements of it." Robots should be taxed at the same level as the people they replace, to help fund better social services and education, according to Microsoft co-founder Bill Gates.
Governments rather than businesses need to take the lead on managing the robotics revolution and ensuring there’s a plan to deal with the unemployed workers it creates over the next 20 years, Gates told Quartz .
"Right now, if a human worker does $50,000 worth of work in a factory, that income is taxed. If a […]
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