Robots Don't Pay Taxes

The robot revolution is just beginning.
Automation is set to displace millions of
factory workers. Even if Ontario’s
manufacturing sector produces more in
coming years, its share of overall
employment will fall and its share of
wages will fall further.
Robots are just one of the “disruptive
innovations” that are forcing policy-
makers to reassess how they think about
economic growth. There is a growing
recognition that governments need to come
up with new policies to ensure the gains
from innovation are more fairly
distributed between private owners of
capital and society as a whole. Otherwise,
unpleasant political consequences could
follow.

Comments

Popular posts from this blog

Google's New Gmail