By Spencer Smith, Director of Research
Originally posted on TheHill.com 3/09/17
Recently, a spate of stories have appeared in the media speculating that advances in technology, specifically robotics and artificial intelligence, will inevitably lead to widespread job losses as workers are replaced by machines.
Naturally, many commentators have suggested policy solutions to address this issue. Perhaps attracting the most attention was Bill Gate’s assertion in a recent interview that robots should be taxed in the same way as human workers.
There are several key problems with this proposal. First, it would be very difficult to define exactly what a robot is and, thus, how it should be taxed.
Read the full article here.