Tax partner at accountancy and business advisory firm BDO
It would be very difficult to create a robot tax as such because, in practice, robots are not easily defined or identified. This is probably why a robot tax is much talked about, but hasn’t been fully implemented.
Professor of finance at California State University, Sacramento
If you start taxing businesses for the use of robots and artificial intelligence, you’re not just going to drive them out from the state, you’re going to make it a huge disincentive for them to be anywhere in the state of California. Because they can find other parts of the country and other parts of the world where they don’t have to pay such a tax.
A robot tax is as absurd an idea as a tax on pencils. The bottom line is that robots create jobs, they don’t take them away. The UK government’s recent Made Smarter review on digitalisation in industry concluded that over the next ten years automation could boost UK manufacturing by £455 billion, with a net gain of 175,000 jobs, while reducing CO2 emissions by 4.5 per cent.