Tag: manufactur

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 […]

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 […]

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Universal basic income

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 programs to see if it really works in practice are being launched this year in four different countries.

It’s populism that gave us Brexit in Britain and President Donald Trump in the United States. It could soon give us President Marine Le Pen in France. But the fundamental lie of […]

Bill Gates Has a Trumpian Plan to Make Job-Stealing Robots Pay

Bill Gates Has a Trumpian Plan to Make Job-Stealing Robots Pay

From Getty Images. It is fairly obvious, when looking at the economic data , that Donald Trump is largely missing the point when he blames China or Mexico for the decline of U.S. manufacturing jobs. “We want products made by our workers in our factories stamped with those four magnificent words—made in the U.S.A.,” the president declared during a photo op Friday at a Boeing plant in South Carolina. It was a solid applause line, even if Trump’s proposed solution—reforming the tax code to encourage more companies to build factories in the U.S.—ignores the fact that U.S. manufacturing output […]

Bill Gates Has a Trumpian Plan to Make Job-Stealing Robots Pay

Bill Gates Has a Trumpian Plan to Make Job-Stealing Robots Pay

From Getty Images. It is fairly obvious, when looking at the economic data , that Donald Trump is largely missing the point when he blames China or Mexico for the decline of U.S. manufacturing jobs. “We want products made by our workers in our factories stamped with those four magnificent words—made in the U.S.A.,” the president declared during a photo op Friday at a Boeing plant in South Carolina. It was a solid applause line, even if Trump’s proposed solution—reforming the tax code to encourage more companies to build factories in the U.S.—ignores the fact that U.S. manufacturing output […]

Can Trump bring back U.S. manufacturing jobs?

Candidate and now President Donald Trump has talked a lot about bringing well-paying manufacturing jobs back to the United States. As Trump sees it, the manufacturing sector in the U.S., once the standard-bearer that others sought to emulate, has now been brought to its knees with massive job losses. What and who are to blame for this saturnine state of affairs? The “what” is explained by international trade and the one-sided trade deals that feckless U.S. leaders have negotiated in the past. The “who” is still unclear, but it looks like it is nations like China and Mexico.

To remedy […]

The robot that takes your job should pay taxes, says Bill Gates

The robot that takes your job should pay taxes, says Bill Gates

Your browser does not support HTML5 video. Robots are taking human jobs. But Bill Gates believes that governments should tax companies’ use of them, as a way to at least temporarily slow the spread of automation and to fund other types of employment.

It’s a striking position from the world’s richest man and a self-described techno-optimist who co-founded Microsoft, one of the leading players in artificial-intelligence technology.

In a recent interview with Quartz, Gates said that a robot tax could finance jobs taking care of elderly people or working with kids in schools, for which needs are unmet and to which […]