Submitted by Scarlet_pot2 t3_119p5js in singularity
https://fortune.com/2023/02/21/bernie-sanders-bill-gates-robot-tax-automation-job-threat/
Currently when a business purchases an AI system it's considered capital investment so it nets them a tax exception. Bernie's bill would flip this and make it to where if you use these systems to replace workers you get taxed for it.
IMO, Bernie sanders is the best, but I don't agree with this policy. We should let the economy transition from human workers to AI. Then when unemployment is up and people are desperate, the socialists can purpose a UBI. Penalizing businesses for transitioning to AI workers will slow the process of becoming a fully automated economy with UBI
beambot t1_j9ni3gp wrote
How to distinguish between robot, software or machinery? More importantly: you want to tax things like low-margin farming more because they use automation?! That is senseless. Tax gains -- especially high-margin profits from the mega corps.