A Robot Tax Is a Bad Idea - Bloomberg View
...Automation did play a certain role in determining less-educated workers' life choices. But, Cortes, Jaimovich and Siu wrote, other factors were at least no less important. They specifically named "the share of high-skilled workers and their occupational choice, outsourcing and trade, and changes in policy affecting the incentive to participation in the labor market."
In other words, for workers in routine occupations to keep their jobs, it wouldn't be enough for a government to raise the costs of automation. It would also need to depress the population's general education level (for example, by making education less accessible), engage in protectionist policies and weaken the social safety net. The Trump administration in the U.S. appears to be engaged on all these three fronts...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment