Corbyn's robot tax
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Corbyn's robot tax

posted in Business by Phillip Harris on 08:45 Oct 11th, 2017

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 Corbyn’s robot tax would harm innovation

Writing in City AM, Richard Lightbound, the chief executive of ROBO Global EMEA, says Jeremy Corbyn’s tax on robots is short-sighted and the claim that innovators are not sharing the benefits with society “is just plain wrong.” He points to areas where robotics is already saving lives and improving working conditions. Mr Lightbound adds that not only would Corbyn’s proposed tax “slow the development of these valuable technologies, but it’s clear that the evidence points to a future in which the impact of robotics and AI is more positive than negative—both for the workers themselves and for global productivity.”

Source:   City AM (07/10/2017)

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