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We've all heard and seen jobs replaced by varying levels of automation. This wasn't such an issue, as new jobs replaced the old, until we started approaching the vortex. As machines start reaching the point where they can do anything we can, there will be a greater vaccum between the haves and the have nots. Even those with advanced degrees wouldn't be able to compete with machines that can do anything from mixing drinks to surgery, from driving to psychoanalysis. To prevent or at least reduce this, should we tax for every machine doing a job a person could do? Not only would it prevent unemployment, but companies that do it anyway will still be contributing. It would also depend upon the job performed. Anywhere from 15,000 to 1,000,000 a year.
How much do you want to pay for products? Look at automobiles, if every machine were replaced with people the price of a new car would skyrocket. That pair of jeans would cost closer to $100 than $30.
Tax the manufacturers, and the price will be passed on to you, force manufacturers to hire more people and the price will be passed on to you. The consumer loses either way.
How would that solve the problem? You tax the machine, which will mean less machines are being used, and due to the added loss of wealth, they'll outsource even more, leaving the unemployed still unemployed.
You'd have to create new jobs.
The only other possibly solution is a complete change in economic systems. If machines do all the work, no one would have to work, and no one would get paid, so all goods and services would have to be free. How would that work?
How much do you want to pay for products? Look at automobiles, if every machine were replaced with people the price of a new car would skyrocket. That pair of jeans would cost closer to $100 than $30.
Tax the manufacturers, and the price will be passed on to you, force manufacturers to hire more people and the price will be passed on to you. The consumer loses either way.
If it's true what I read that within the next 10 - 20 years 40% of current jobs will be automated, then I'm all for taxing it. I'd rather work than have to be on welfare due to lack of available employment, even if it means prices will rise. We've got to make it a harder choice for companies to cut real jobs. I worry about society when there is no work to be had unless you're a genius or child of wealth. The population grows and they want to shrink opportunities, and bring in new immigrants to take the low skilled and high skilled jobs.
I should have mentioned outsourcing would be unfavorable in this scenario. You would pay a 1000% tariff on anything not made in America, unless you meet a certain employment threshold here (IE, 80% of your workforce is here)
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