Log in register
piqd uses cookies and other analytical tools to offer this service and to enhance your user experience.

hand-piqd journalism

Curious minds gather the most relevant articles from the web. Discover hand-piqd journalism on your favorite topics.

You are currently in channel:

Boom and bust

Danielle Batist
View piqer profile
piqer: Danielle Batist
Monday, 20 March 2017

If Robots Take Our Jobs, Should They Pay Our Taxes Too? The Case Against

As my fellow piqer Georg Wallwitz highlighted in a recent piq: it’s about time we start to seriously think about the feasibility of a robot tax.

Following reading his piqd Quartz interview with Bill Gates, I came across this interesting perspective from famous former finance minister of Greece Yanis Varoufakis. He presents three arguments against Gates’ suggestion of a tax on robots who "take our jobs".

It’s complex stuff for the non-economist, and I was pleased to see that Varoufakis made his case really clear by taking an example of a farmer (Kuke), who replaces a worker (Ken) with a robot (Nexus) to operate his harvester longer, more safely and without lunch breaks or sick pay.

He raises some very interesting ethical questions to show the complexity of regulating and taxing such a new, but inevitably growing field:

“It is hard philosophically to justify forcing Luke to pay “income” tax for Nexus but not for the harvester that Nexus operates. After all, both are machines, and the harvester has displaced far more human labor than Nexus has. The only defensible justification for treating them differently is that Nexus has greater autonomy.”

Unlike Gates, Varoufakis’ conclusion is that we should forget about taxing robots and find other ways to compensate for inevitable job losses on the horizon. Instead, he says, we should “place a portion of Luke’s equity in the farm in a public trust, which then provides a universal payment to everyone”.

With articles like these, that feel so futuristic yet could be reality sooner than we think, I always wonder how we’ll look back on them in a couple of years. In the meantime, it certainly is good to see that the debate is starting to shape up.

If Robots Take Our Jobs, Should They Pay Our Taxes Too? The Case Against
2 votes

Want to comment? Become piqd member from under 4$ per month!