Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

tax on robots

Market Insanity

Bill Gates wants Robots to Pay Income Tax

The world’s richest man wants robots to pay income tax – if they take humans’ jobs.

Bill Gates endorsed the idea of a “robot tax;” on automations that replace human workers, in video interview with Quartz editor in chief Kevin Delaney.

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Politics

French Presidential Candidate Backs Basic Income

“According to all serious studies, there are hundreds of thousands of unskilled or low-skilled jobs that are beginning to be destroyed in Western economies,” Hamon told La Monde. “We must manage this transition and make the most of this amazing opportunity that the digital revolution offers us to work less and live better.”

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