Bill Gates Robot Tax

Short Bytes: The co-chair of the Bill and Melinda Gates Foundation has his idea to help people affected because of job automation, where AI-based robots are replacing humans. Bill Gates says there should be some kind of a robot tax for these machines. The organizations running them should pay the tax.

Various tech leaders have contributed their own share to the ‘AI robots taking our jobs’ debate. Like the Tesla boss Elon Musk, who believes in the future concept of a universal basic income when robots would replace humans in a majority of workplaces.

Bill Gates is another famous name to suggest something. In an interview with Quartz, he said there should be a robot tax. It should be levied by the governments from the companies deploying machine for humans. Well, it might give us a sense of satisfaction while visualizing our jobless future.

But the companies deploying the machines won’t be very happy to hear this. On the other hand, Gates doesn’t believe the companies would be outrageous on this thing. “It’s OK,” he said.

According to him, the robot taxes should be used to fund people working with kids in the schools and helping elderly people. Certainly, it’s a field where humans can still find their need.

Taking taxes from robots might be a good idea, but it would increase the operating costs for these robots. However, it would also slow down the rates with which automation is proliferating every day.

Musk’s idea of a global income becomes more visible when combined with what Bill Gates has suggested. Taking taxes from the robots and paying it to the people.

Government bodies across the world might’ve started to acknowledge the robot tax thing. But still, they’re yet to implement. An example is the European Parliament from Feb 2016, a robot tax proposal to help the affected workers was rejected. The Parliament, however, is working to set guidelines for ethical development and use of the robots, along with damage liabilities.

How to you picture the future? Drop your thoughts and feedback.

Also Read: Linus — “Successful Projects Are Result Of 99% Hard Work, 1% Innovation”

VIAEngadget
SOURCEQuartz
Aditya Tiwari
Aditya likes to cover topics related to Microsoft, Windows 10, and interesting gadgets. But when he is not working, you can find him binge-watching random videos on YouTube (after he has wasted an hour on Netflix trying to find a good show).Reach out at [email protected]