Philanthropist. Founder and former CEO of Microsoft.
Right now, the human worker who does, say, $50,000 worth of work in a factory, that income is taxed and you get income tax, social security tax, all those things. If a robot comes in to do the same thing, you’d think that we’d tax the robot at a similar level.
Companies that replace workers with robots should be taxed in a new settlement between work and leisure. We need urgently to face the challenge of automation; robotics that could make so much of contemporary work redundant
A moderate tax on robots, even a temporary tax that merely slows the adoption of disruptive technology, seems a natural component of a policy to address rising inequality. Revenue could be targeted towards wage insurance, to help people replaced by new technology make the transition to a different career. This would accord with our natural sense of justice, and thus be likely to endure.
Some Silicon Valley entrepreneurs consider the tax intrusive and anti-business - an obstacle to progress that forces them to maintain higher costs, restricting the price breaks they might pass on to consumers. An even greater number say fears of mass job displacement are ludicrous and panic-driven, and that robots will only make the workforce more versatile, rather than pushing people out. That's...See More
Moon Jae-in administration said it will downsize the tax deduction benefits that previous governments provided to enterprises for infrastructure investment aimed at boosting productivity. Though it is not about a direct tax on robots, it can be interpreted as a similar kind of policy considering that both involve the same issue of industrial automation
Socialist Party candidate for the 2017 French presidential election
The idea [of my proposed robot tax] is to make sure that companies whose robot equipment or artificial intelligence increase the global output, employment and redistribution to employees will not be penalized
American civil rights attorney and politician, member of the San Francisco Board of Supervisor
As workers are displaced, the companies should continue to pay a portion of the lost tax into a fund that can then be used for education, retraining and targeted investments in new industries. This modest tax will help smooth the transition for our workers, providing them with better opportunities.
Professor of Swiss and International Tax Law at Geneva University; Partner, Oberson Abels SA;
Our analysis suggests that a tax on the use of robots would make sense, as a potential solution for addressing the development of robots on the labour market. In essence, we believe that granting a legal personality to robots could lead to the emergence of an electronic ability to pay, which should be recognised for tax purposes. After all, we have seen in the past that states, when required, may ...See More
As machines displace humans in production, their incomes the same pressures that afflict humans. The share of total income paid in wages - the "labour share" - has been falling for decades. Labour abundance is partly to blame; the owners of factors of production in shorter supply - such as land in Silicon Valley or protected intellectual property - are in a better position to bargain. But machines...See More
Former finance minister of Greece, is Professor of Economics at the University of Athens
Either the robot sales tax should be dropped or it should be generalized into a capital goods sales tax. But imagine the uproar against a tax on all capital goods: Woe betide those who would diminish domestic productivity and competitiveness!
First, I cannot see any logic to singling out robots as job destroyers. There are many kinds of innovation that allow the production of more or better output with less labor input. Why pick on robots? Second, much innovative activity, even of a robotlike variety, involves producing better goods and services rather than simply extracting more output from the same input. Third, and perhaps most fund...See More
Automation did play a certain role in determining less-educated workers' life choices [i.e. losing their routine jobs and being forced either into unemployment or into the service sector]. But, Cortes, Jaimovich and Siu wrote, other factors were at least no less important. They specifically named "the share of high-skilled workers and their occupational choice, outsourcing and trade, and changes i...See More
Lecturer in Law at the Boston University School of Law, economist and writer
Although automation will lead to further job losses in manufacturing, warehouse operations, and truck driving, the overall impact of automation across most industries will be to increase employment. Even though the pace of advances in robotics and artificial intelligence may accelerate over the next two decades, the impact of that change—whether it tends to increase or decrease employment—depends ...See More
Head of economic research at the Centre for Policy Studies (free-market British think tank)
Going ahead with a robot tax or other measures that would discourage investment in capital would be hugely damaging for the UK.
The UK already suffers from a low capital-labour ratio, which is dampening productivity growth and holding back wage increases. Corbyn’s plans would exacerbate this problem and simply encourage new technologies and economic activity to locate elsewhere. The result would ...See More