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Tax the robots to help displaced workers

A tax on robots with revenues going to help those replaced by new technology would align with a natural sense of justice

Tax the robots to help displaced workers
Photo: Getty Images

The idea of a tax on robots was raised last May in a draft report to the European Parliament prepared by MEP Mady Delvaux from the Committee on Legal Affairs. Emphasising how robots could boost inequality, the report proposed that there might be a "need to introduce corporate reporting requirements on the extent and proportion of the contribution of robotics and AI to the economic results of a company for the purpose of taxation and social security contributions".

The public reaction to Delvaux’s proposal has been overwhelmingly negative, with the notable exception of Bill Gates, who endorsed it.

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