Category: Automation Impact on Jobs

Bill Gates Supports Robot Taxation When Used To Replace Jobs

Bill Gates Supports Robot Taxation When Used To Replace Jobs

Bill Gates.TNS Sofres/Flickr Scientists have declared automation as being the biggest threat to jobs in the future. With research into smarter artificial intelligence and more efficient machines progressing smoothly, it’s expected that millions will lose their current means of living in the coming years. Bill Gates recently spoke about the issue and according to him, if the robots really are coming to steal jobs, then they should be taxed accordingly.

The Microsoft Founder recently spoke to Quartz and said that any company who uses robots to replace most, if not all of their workers should be given additional taxes. According […]

Bill Gates Wants To Tax Job Stealing Machines While Swiss Robots Protest

Bill Gates Wants To Tax Job Stealing Machines While Swiss Robots Protest

Artificially intelligent machines are set to smash the job market in the next 15 years and take tens of millions of jobs currently being done by humans and Bill Gates think those robots should pay taxes.

The tax on job stealing robots would be levied against the businesses that employ them and used to retrain humans who have been displaced in the workforce, Gates said during an interview with Quartz. “You ought to be willing to raise the tax level and even slow down the speed [of automation]. You cross the threshold of job replacement of certain activities all sort […]

Universal basic income

Universal basic income

Smart house device illustration with app icons (home, smart, automation, smart appliances) Photo: 123rf.com There’s a new idea that might be the solution to runaway populism.

Well, it’s not that new, really – it has been kicking around in left-wing circles for a least a quarter-century – but it has suddenly gone mainstream.

It’s called Universal Basic Income (UBI), and pilot programmes to see if it really works in practice are being launched this year in four different countries. Gwynne Dyer. It’s populism that gave us Brexit in Britain and President Donald Trump in the United States.It could soon give us […]

Bill Gates Wants To Tax Job Stealing Machines While Swiss Robots Protest

Bill Gates Wants To Tax Job Stealing Machines While Swiss Robots Protest

Artificially intelligent machines are set to smash the job market in the next 15 years and take tens of millions of jobs currently being done by humans and Bill Gates think those robots should pay taxes.

The tax on job stealing robots would be levied against the businesses that employ them and used to retrain humans who have been displaced in the workforce, Gates said during an interview with Quartz. “You ought to be willing to raise the tax level and even slow down the speed [of automation]. You cross the threshold of job replacement of certain activities all sort […]

BRIAN LUCEY: Robots, not Mexicans, are threat to Trump

BRIAN LUCEY: Robots, not Mexicans, are threat to Trump

Donald Trump is wrong. These four words can generally apply to anything the angry orange man in the White House opines on but he is especially, egregiously and dangerously wrong on jobs, writes Brian Lucey . Neither China, nor Mexico, are the cause of the decline in the job prospects of the middle-American white man. Automation is the real job killer. Rather like the Luddites, Donald is raging against forces that have been unstoppable for all of human history. But at least he is, in his own inchoate way, generating a debate on the future of work. In Ireland […]

Robots that steal human jobs should pay taxes: Gates

Robots that steal human jobs should pay taxes: Gates

Washington, Feb 19 (PTI) Robots that steal human jobs should pay taxes, Microsoft co-founder and philanthropist Bill Gates has said.

“Certainly there will be taxes that relate to automation.

Right now, the human worker who does, say, USD 50,000 worth of work in a factory, that income is taxed and you get income tax, social security tax, all those things,” Gates told Quartz website.“If a robot comes in to do the same thing, you’d think that we’d tax the robot at a similar level,” said Gates, one of the world’s richest men.Gates said he believes that governments should tax companies’ use […]

The Error In Bill Gates’ Latest Odd Idea – Let’s Tax The Robots Stealing Our Jobs

Bill Gates has put forward an odd idea, that we should tax the production of those robots as they all come to steal our jobs. This is a bad idea, an error, we should do absolutely no thing. The error stemming from a misunderstanding of the production of value and what happens to it when produced.

It’s entirely true that Bill Gates is very much brighter than I am. That he is one of the world’s richest people and I an economic scribbler is not because my intellect outshines his. However, it is still true that we all have our […]

In Andrews, hopes for more manufacturing jobs face an industry changed by technology

In Andrews, hopes for more manufacturing jobs face an industry changed by technology

By Wade Spees wspees@postandcourier.com ANDREWS — The history of this town’s economy is enshrined in a fading mural, right off the main intersection downtown.

Workers push big bales of cotton and move long strands to be spun into yarn and knit into fabric. Seamstresses sit side-by-side at sewing machines, stitching together garments. In an artistic flourish, finished T-shirts float above, dyed blue, green and yellow.

But a glimpse of the town’s future whirs away a few miles down the highway. Inside the expanding SafeRack factory, workers set laser-cut pipes together, and a robotic arm follows behind, welding them together to make […]

Bringing America’s Jobs Back Means Making America’s Factories “Great Again”

Bringing America’s Jobs Back Means Making America’s Factories “Great Again”

Bringing America’s Jobs Back Means Making America’s Factories “Great Again”

$GM, $F, $FCAU

Over that past few year and most recently during the Presidential election campaigning and post-election the Key discussion is about bringing back manufacturing to the USThis was a Key focus of Donald Trump’s campaign for US President. Also, there is the same discussion in other advanced countries.Teresa May, Prime Minister of Great Britain, has called for an industrial strategy to restore the UK’s manufacturing prowess.In France, Marie le Pen’s platform includes a “Made in France” policy, which sounds similar to President Trump’s “America First” plan.It will be difficult […]

Elon Musk Says Artificial Intelligence Is Dangerous, Unemployment Will Deprive Workers

Elon Musk Says Artificial Intelligence Is Dangerous, Unemployment Will Deprive Workers

SpaceX founder Elon Musk believes that artificial intelligence could be catastrophic for humanity. (Photo : Mike Windle/Getty Images for Vanity Fair) Elon Musk believes that artificial intelligence will create a cyborg race. During the World Government Summit in Dubai, the SpaceX founder explains that deep artificial intelligence – the kind that is much smarter than the smartest man in the world – can be a dangerous thing.

During his talk, Elon Musk believes that robot automation and artificial intelligence will be taking over 15 percent of the global workforce. The SpaceX, Tesla and Hyperloop authority believes that humans are becoming […]