Is the U.S. Tax System Favoring Excessive Automation?

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As the next wave of information technology matures, many worry about the impact on work. Many commentators worry about the job disruption that automation technology will bring. In a recent policy brief, MIT economist Daron Acemoglu and his co-authors argued that the U.S. currently taxes machinery and equipment too little compared to labor, encouraging excessive automation that eliminates jobs without making the economy more productive. In response, ITIF President Rob Atkinson has argued that automation doesn’t lead to joblessness and that increasing taxes on automation equipment, including AI, would hurt U.S. competitiveness and reduce real wage growth. Acemoglu and Atkinson will layout and debate their views.

Join ITIF for a debate about the future of automation technology and the effects it may have on U.S. competitiveness and the economy.

Видео Is the U.S. Tax System Favoring Excessive Automation? канала TechPolicy