Tag: Services

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 […]

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 […]

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 […]

Interview: The Automation Boom in Mexico

Interview: The Automation Boom in Mexico

Jeff Burnstein, President of A3, says Mexico may be the next global player in the automation arena, but the international skills gap could be problematic.

An assembly worker builds automation equipment at Festo’s new facility, which is strategically located to ship parts anywhere in North America, specifically to Mexico. Last year proved record-setting for robotics in terms of orders and shipments in North America, according to the Robotic Industries Association (RIA). A total of 34,606 robots valued at approximately $1.9 billion were ordered in North America—a 10% jump from 2015. Orders for robots spiked 61% in assembly applications […]

Let’s Make America’s Factories Great Again

Let's Make America's Factories Great Again

There has been considerable discussion about bringing back manufacturing to the U.S.

This was a major focus of Donald Trump’s campaign for President. Not surprisingly, there is similar discussion in other advanced countries. Teresa May, Prime Minister of Great Britain, has called for an industrial strategy to restore Britain’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 extremely difficult to bring back manufacturing to those places where it was previously. There are several reasons.First, manufacturing has changed. New factories now rely more on […]

DYER: The grand experiment — universal basic income

DYER: The grand experiment — universal basic income

Gwynne Dyer is an independent journalist whose articles are published in 45 countries. 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 […]

Tesla boss Elon Musk backs a ‘basic income’ for everyone

Tesla boss Elon Musk backs a ‘basic income’ for everyone

Tesla boss Elon Musk backs a ‘basic income’ for everyone because robots will take away our jobs leaving us without any ‘meaning’ in our lives

Tesla CEO Elon Musk has doubled down on his support of a universal basic income as a possible solution for unemployment caused by the rise of machines equipped with artificial intelligence taking over the workforce.

A universal basic income would give a standard amount of money to every citizen to cover basic expenses like food and living costs each month.At the World Government Summit in Dubai on Monday, Musk told a crowd that universal basic income […]