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A moderate tax on robots, even a temporary tax that merely…

“A moderate tax on robots, even a temporary tax that merely slows the adoption of disruptive technology, seems a natural component of a policy to address rising inequality. Revenue could be targeted toward wage insurance, to help people replaced by new technology make the transition to a different…” quote by Robert J. Shiller
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“A moderate tax on robots, even a temporary tax that merely slows the adoption of disruptive technology, seems a natural component of a policy to address rising inequality. Revenue could be targeted toward wage insurance, to help people replaced by new technology make the transition to a different career.”

Robert J. Shiller

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

A robot tax can slow automation enough to fund safety nets for displaced workers, easing inequality.

In simple terms: Tax robots to fund help for workers losing jobs to automation.

Key Takeaway

Use tax revenue to support wage insurance and retraining.

Themes

inequality technology policy labor economics

Mood

concerned optimistic

Type

policy economic social

When to use this quote

  • government budgeting
  • career transition programs
  • social safety nets

Key Concepts

automation redistributive fiscal policy future of work

Questions to Reflect On

  • How can we balance technological progress with worker protection?
  • What alternative funding mechanisms exist for wage insurance?
A Different Perspective

Tax may hinder innovation and competitiveness if set too high.

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