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Taxing robots to slow down worker displacement

Last February, the European Parliament rejected a tax on robots, but took the first steps to regulate their development and deployment. The legislation also aims to establish liability for the actions of robots including self-driving vehicles.

Europe’s governing body, while rejecting the tax to be dedicated to worker training, overwhelmingly passed a resolution to study regulating robots.

In an interview with Quartz.com, Microsoft co-founder Bill Gates said he believes that the government should tax companies’ use of robots. That would temporarily slow down the spread of automation and fund ot...

 

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