Quote of the day by Microsoft co-founder Bill Gates: 'If a robot comes in to do the same thing, you’d think that we’d tax the robot' — devising policy ideas to counter automation risks
THE SO WHAT
Talk of 'robot taxes' from figures like Gates is a warning that automation ROI may be haircut by policy, not just engineering limits. When you model automation payback, keep a scenario where labor-substitution gains are partially taxed or regulated and see if the project still clears your hurdle rate.
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