Words & Numbers: Taxing Robots Does Not Compute

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This week, Antony and James break down Bill Gates' recent suggestion that companies that use robots instead of human workers should pay employment taxes in order to fund new welfare programs.

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Great vid. I hope you'll be able to create some others exploring the issues of a "post labor" hypothetical society. Questions like ... How can we allocate goods & services (to individuals) in a world where most people are unemployable ? How would price-signalling work in a world where labor costs were very low or not a part of most production ? We all conserve resources because they cost us money, and therefore time/labor, but if someones labor has no significant value, how are they (are they?) motivated to conserve ?

fraxus
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horrible you guys are confused on the definition of robots.... boomers

Worldfamous
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horrible you guys are confused on the definition of robots.... boomers

Worldfamous
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