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Is it time to tax the robots?

June 19, 2023

Via: JD Supra

For decades, technology and automation have catalysed massive economic growth and driven improvements in working conditions for many. At the same time, they have also been a source of pessimistic forecasts about the destruction of jobs. Still, history shows us that as humans we have always managed to reinvent ourselves. A recent report by Goldman Sachs estimates that Artificial Intelligence could replace as many as 300 million jobs, while creating only 97 million over the same period. In this context, the question of a tax on robots has come up again.

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