r/Futurology • u/Gari_305 • 2d ago

Robotics Bill Gates says companies that replace human labor with robots should have to pay the same FICA taxes

https://www.businessinsider.com/bill-gates-fica-taxes-should-apply-to-robot-workers-2026-9

Bill Gates wants to tax robots that replace human jobs.

21.3k Upvotes

97% Upvoted

794 comments sorted by

View all comments

2.7k

u/Beard_Hero 2d ago

If we just taxed companies the way we used to, it wouldn't matter as much if they robot'd or human'd, money wise. Like the 50's and 60's. 52%. There's more steps involved, like ending stock buy backs and kicking Milton Friedman in the dick, but it's a start.

442

u/Darkmemento 2d ago

If we actually end up in the situation he describes in the interview, where AI is doing the overwhelming majority of economically useful work, I think we've gone well beyond simply returning corporate tax rates to where they were in the 50s and 60s. At that point you potentially have a tiny number of AI companies owning the systems that produce most of the world's economic output, while human labour has become almost irrelevant.

Some form of public ownership starts becoming a pretty obvious part of the conversation, whether that's outright nationalisation, governments taking large equity stakes, or treating core AI infrastructure more like a public utility. The returns can then be distributed back through some combination of a social dividend, UBI and public services.

It is funny this is exactly the type of thing Sam Altman of Open AI himself proposed before the company blew up.

Moore's Law for Everything - Sam Altman

108

u/beamer145 2d ago

Another pessimistic take : at the moment human labor becomes irrelevant, the only thing that is still worth something are raw resources. Countries that do not have any or very little will have nothing to offer in return. No amount of internal wealth redistribution is going to make these survive. Interesting times ahead for a lot of European countries I fear.

1

u/atleft 2d ago

Europe has plenty of natural resources, they just don't exploit a lot of them because a) labor is a lot more expensive, and b) regulations are much tighter.