Tag: guaranteed universal income

^{Type
post

Author
Richard W. Stevens
Date
July 21, 2021

Categorized
Artificial Intelligence, Economics

Tagged
Artificial Intelligence, capitalism, Foundation for Economic Education (FEE), free market, Friedrich Hayek, guaranteed universal income, I Pencil, Institute of Electrical and Electronic Engineers (IEEE)), Leonard Read, Ryan Abbott, Socialism, Steven Cherry, Tax policy, The Reasonable Robot (book), The Use of Knowledge in Society (book), Universal Basic Income}

Should Robots Pay Taxes?

_{Taxing artificial intelligence is the latest proposal to expand centralized control of human life} _{Richard W. Stevens

July 21, 2021

13

Artificial Intelligence, Economics}

In June 2021, we started considering the provocatively titled podcast transcript, “Can a Robot Be Arrested? Hold a Patent? Pay Income Taxes?”, posted on the IEEE Spectrum site. Steven Cherry interviewed Ryan Abbott, physician, lawyer, and professor, about these topics and referencing his 2019 book, The Reasonable Robot: Artificial Intelligence and the Law. We’ve discussed whether artificial intelligence (AI) systems could be charged with crimes or can hold a patent. Whether “robots should pay taxes” turns out to be the scariest question yet. Touching upon the subject only lightly in the podcast, Abbott details the problem of taxing AI in Reasonable Robot, following this thought process: Automation using AI threatens to increase human unemployment. Current U.S. tax law encourages automation through favorable treatment Read More ›