Tag: robot

Bill Gates: This is why we should tax robots

Bill Gates: This is why we should tax robots

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 humans are particularly well suited.He argues […]

Bill Gates calls for robot tax to slow rate of automation

Bill Gates calls for robot tax to slow rate of automation

Microsoft co-founder Bill Gates thinks governments should tax robots that replace human labor as a means of slowing down the spread of automation.

The world’s richest man says that a ‘robot tax’ could be used to generate revenue that would finance re-training people for jobs that only humans could do, according to Quartz .

These jobs include taking care of the elderly and teaching kids in schools.‘You ought to be willing to raise the tax level and even slow down the speed’ of automation, says Gates.The rate at which robots will replace human labor is likely to accelerate in the next […]

Some surprising (to me) facts about plastics employment

Some surprising (to me) facts about plastics employment

I have a finger on the pulse of the plastics industry. I visit companies, talk to executives on the phone, meet them at conferences and shows. I also read tons of stories about them, written by our staff and others.

But once in a while I see something surprising about plastics processing. That’s happened twice in the past month. Maybe these snippets will surprise you, too.

The first came in our January podcast, which we call Plastics News Radio. Steve Toloken, our news editor-international, interviewed Bill Carteaux, president and CEO of the Plastics Industry Association.Carteaux has been in the plastics industry […]

Trump’s promise to bring back manufacturing jobs seems like a false dream

Trump's promise to bring back manufacturing jobs seems like a false dream

Susan Stacy moves a tube to sort recycled plastic bottle chips being processed at the Repreve Bottle Processing Center, part of the Unifi textile company in Yadkinville, N.C., Oct. 21, 2016. America has lost more than 7 million factory jobs since manufacturing employment peaked in 1979. Yet American factory production, minus raw materials and some other costs, more than doubled over the same span to $1.91 trillion last year, according to the Commerce Department.

Susan Stacy moves a tube to sort recycled plastic bottle chips being processed at the Repreve Bottle Processing Center, part of the Unifi textile company in […]

Cuban Said That the Rise of the Robots and Their Effect on U.S. Jobs Cannot Be Stopped by Trump

Cuban Said That the Rise of the Robots and Their Effect on U.S. Jobs Cannot Be Stopped by Trump

Mark Cuban, a leading tech visionary proclaimed a statement about the progress of artificial intelligence and robotics recently.

Cuban posted a comment on Twitter saying that the cause of unemployment will be automation and all of us need to brace it. Along with his statement, he also attached a link that leads to a composition, which described how robots are taking over in the workplace.

President Donald Trump from the commencement of his term is stressing on the topic of US employment. He has been focusing on the US corporations to generate jobs within their own country and making the immigration […]

If a robot takes your job, should it pay your taxes too?

If a robot takes your job, should it pay your taxes too?

Bill Gates wants to tax robots.

Now, Gates is a fantastically successful businessman. The Microsoft co-founder is worth $85 billion, after all. He’s also a major philanthropist with a keen interest in public policy. But he should be careful about his musings to the media. The world’s richest person can’t just leave live ammo like "Maybe there should be a robot tax" lying around for some opportunistic politician to pick up. Certainly not with Donald Trump as president.

Look, all that has to happen is for America’s cable-news-addict-in-chief to hear someone on Fox & Friends talking about how "Bill Gates said […]

Second Part Artificial Intelligence: The Impact on Employment Automation and Anxiety.

In a later illustration, robotized teller machines (ATMs) may have been relied upon to spell fate for bank employees by assuming control over some of their normal errands, and surely in America their normal number fell. Be that as it may, that decreased the cost of running a bank office, permitting banks to open more branches in light of client request. The quantity of urban bank offices ascended by 43% over a similar period, so the aggregate number of workers expanded. As opposed to wrecking occupations, ATMs changed bank representatives’ work blend, far from routine assignments and towards things […]

Stop robots from stealing our jobs: Your Say

Stop robots from stealing our jobs: Your Say

Letter to the editor:

Mark Cuban and Bill Gates are correctly predicting that robots will continue to replace human workers.

This trend will not only have negative effects on job security and employment but also decrease tax revenue for federal and state government. It’s time to consider a “robot tax” on each robot that equals the income taxes lost when a human worker is replaced. Jim Swab; Kalispell, Mont. Facebook comments are edited for clarity and grammar: Automation is either going to lead to permanent high unemployment, or we need to shorten the workweek so more people share the same […]

We Need to Prepare for the 5G Jobs Apocalypse

We Need to Prepare for the 5G Jobs Apocalypse

My taxi driver in San Diego had a plan. He was moving to Laredo to get back into long-distance trucking. He’d work hard for 10 years, save a couple of hundred grand, and retire to Mexico. I did the math: that put him around 2028. He might just make it before all the trucking jobs go away .

At Qualcomm last week, Cristiano Amon, president of Qualcomm CDMA Technologies, extolled the virtues of the upcoming "5G economy," painting a picture of autonomous vehicles, smart cities, and ubiquitous augmented and virtual reality.

ADVERTISING inRead invented by Teads "It’s going to be […]

Are Robots Taking Over Our Jobs? Mark Cuban Warns About Machines, AI Leading To Lower Employment

Are Robots Taking Over Our Jobs? Mark Cuban Warns About Machines, AI Leading To Lower Employment

Businessman and Dallas Mavericks owner Mark Cuban turned to Twitter to warn about robots’ threat to unemployment.

“Automation is going to cause unemployment and we need to prepare for it,” Cuban said Sunday. The tweet also included a link to warnings about artificial intelligence from tech leaders, including Tesla CEO Elon Musk, Bill Gates and Stephen Hawking .

Cuban didn’t elaborate on the subject, but in a recent interview with CNBC he said President Donald Trump and his administration don’t understand technology advancements in machine learning and artificial intelligence. Cuban is a strong critic of Trump and had endorsed his opponent, […]