Robot tax

A robot tax is a legislative strategy to disincentivize the replacement of workers by machines and bolster the social safety net for those who are displaced. While the automation of manual labour has been contemplated since before the Industrial Revolution, the issue has received increased discussion in the 21st century due to newer developments such as machine learning.[1]

Assessments of the risk vary widely, with one study finding that 47% of the workforce is automatable in the United States, and another study finding that this figure is 9% across 21 OECD countries.[2][3] The idea of taxing companies for deploying robots is controversial with opponents arguing that such measures will stifle innovation and impede the economic growth that technology has consistently brought in the past. Proponents have pointed to the phenomenon of "income polarization" which threatens the jobs of low-income workers who lack the means to enter the knowledge-based fields in high demand.[4]

  1. ^ Thompson, Derek (23 June 2015). "A World Without Work". The Atlantic. Retrieved 14 March 2018.
  2. ^ Carl Benedikt Frey; Michael Osborne (September 2013). "The Future of Employment: How susceptible are jobs to computerisation?" (publication). Oxford Martin School. Retrieved 7 November 2015.
  3. ^ Arntz, M., T. Gregory and U. Zierahn (2016), "The Risk of Automation for Jobs in OECD Countries: A Comparative Analysis", OECD Social, Employment and Migration Working Papers, No. 189, OECD Publishing, Paris, https://doi.org/10.1787/5jlz9h56dvq7-en
  4. ^ McKinsey Global Institute (December 2017). Jobs Lost, Jobs Gained: Workforce Transitions in a Time of Automation. Mckinsey & Company. pp. 1–20. Retrieved February 20, 2018.