Meaning of robot tax | Babel Free

Definitions

A legislative strategy to delay or counteract the downsides of large-scale automation.

Examples

“In a recent interview with Quartz, Gates said that a robot tax could finance jobs taking care of elderly people or working with kids in schools, for which needs are unmet and to which humans are particularly well suited.”

“Bill Gates recently made a case for taxing companies that own robots, which could delay their implementation and provide some money to retrain people whose jobs are lost. The San Francisco board of supervisors is considering a so-called robot tax.”

“It was South Korea, the ‘most robotized country in the world’, that imposed the first de facto robot tax when in 2018 it decreased the tax break businesses could take for investing in automation.”

CEFR level