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Right, and there's no universal set of laws -- so if one country bans, taxes or otherwise heavily regulates automation, a country with more favorable economics
by exelius 9y ago
Right, and there's no universal set of laws -- so if one country bans, taxes or otherwise heavily regulates automation, a country with more favorable economics for it (say, high nationalism, stagflation and a declining birth rate -- aka Japan now or the US in 30 years) would have an independent incentive to deregulate automation to remain globally competitive.
- crdoconnor 9y agoI think the ultra wealthy want us to get ideas about regulating automation. It A) takes the heat off all the tax cuts, austerity, tax evasion and trade deals that actually keep them rich and B) Politically it would likely end up going nowhere anyway. I don't for a second think Bill Gates was serious when he proposed it.