In other words, this bill would make it more expensive to hire workers and cheaper to buy the technology to replace them. From a political horse-trading perspective, this makes total sense. From a job-creation perspective, it's a little alarming.
Monday, November 25, 2013
The "Replacing Our Bodies Overnight with Technology" Act
Jordan Weissman at the Atlantic thinks we should call the new bill in the Senate that raises the minimum wage and provides tax breaks for technology the ROBOT Act. Because the demand for robots will increase.