Bill Gates has done many cool things and even earned some money. But I simply had to laugh when I saw an interview in Quartz (see also a response in Fortune, Google News) where he says that robots should pay income taxes. The most important paragraph says:
Bill Gates: Certainly there will be taxes that relate to automation. Right now, the human worker who does, say, $50,000 worth of work in a factory, that income is taxed and you get income tax, social security tax, all those things. If a robot comes in to do the same thing, you’d think that we’d tax the robot at a similar level.The motivation behind similar monologues is obvious – people think that jobs are threatened by robots, people may become unemployed, and social problems may result from that. Some mechanisms to slow the progress down could be helpful and the extra resources could be used to reeducate the workers etc. (I actually disagree with all these general philosophical starting points as well but they won't be the topic of this blog post.)
It's the detailed calculation of the "punishment for robots" that I found hilarious. Gates explicitly says that
a robot should pay the same income tax, social security tax, and probably health insurance as the human worker(s) whom the robot replaced.LOL. That's entertaining by the concentration of the complete misunderstanding of the technological progress, mechanisms of taxation, goods that one gets for inflation, and everything else.