By Kriti Sharma
Microsoft founder Bill Gates recently suggested that robots primed to replace humans in the workplace should be taxed. While Gates’s proposal received a mixed reception, it mainly served to stoke an erroneous narrative that humans need to fear robots stealing their jobs.
The whole idea of implementing a robot tax is premature, though not quite 50 to 100 years in the future, as Treasury Secretary Steven Mnuchin believes. Before we can start talking about the capitalization of artificial intelligence (AI) and taxing robots, we need to investigate, decipher, and tackle serious challenges in the way of making robots work effectively for the general consumer and in the workplace.
Robots will be able to perform tasks that significantly impact the traditionally human workforce in irreversible ways within the next five years. But first, people who build and program all forms of AI need to ensure their wiring prevents robots from causing more harm than good.