Jeffrey Scharf: Everybody’s Business: Tax on robots: A modest proposal

Everybody’s Business

Truth is stranger than fiction.

Bill Gates — co-founder of Microsoft — endorsed a “robot tax” to slow automation and fund jobs for displaced workers. The idea has been picked up by San Francisco supervisor Jane Kim.How might such a tax work? I have my own modest proposal for putting robots and people on an equal footing.Companies will no longer be able to purchase robots. They will, however, be able to rent robots. They will have to pay the rental companies a minimum fee of at least $15 per hour for such robots. The robots will be programmed to […]

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