TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Bill Gates suggests ‘robot tax’ to compensate for human job losses

Khristian Ibarrola (Inquirer.net/Asia News Network)
Wed, February 22, 2017 Published on Feb. 22, 2017 Published on 2017-02-22T17:27:28+07:00

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Bill Gates suggests ‘robot tax’ to compensate for human job losses In this Tuesday, Dec. 13, 2016 file photo, Bill Gates arrives to Trump Tower in New York. Despite its many potential loop holes—including the probable scenario of worker robots becoming unreasonably expensive—Gates is convinced that taxation is key to making the transition more feasible for human workers. (AP/Seth Wenig)

W

ith technological advancement making human workers more expendable each day, Microsoft co-founder Bill Gates wants to somehow regulate the inevitable rise of the machines.

The tech mogul, as per Forbes, reportedly wants to impose tax to robot workers in order to offset the impending job losses. By doing so, corporations or even the government could fund training for positions where humans are still needed, including child and senior care.

Read also: Google's latest AI invention lets you duet with computer

Despite its many potential loop holes—including the probable scenario of worker robots becoming unreasonably expensive—Gates is convinced that taxation is key to making the transition more feasible for human workers.

More so, the Windows godfather is also convinced that government should be “figuring [policy] out” to further prepare the sudden avalanche of unemployed workers.

His suggested initiative, however, was already rejected by the European Parliament, which is reportedly focusing on crafting regulations and establishing ethics when it comes to deploying robots.


This article appeared on the Philippine Daily Inquirer newspaper website, which is a member of Asia News Network and a media partner of The Jakarta Post
 

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.