Is a "robot tax" really an "innovation penalty"?

Steve Cousins is founder and CEO of Savioke, which develops and deploys autonomous robots that work in human environments to improve people's lives. Steve was previously president and CEO of robotics incubator Willow Garage. When Bill Gates recently suggested robots should pay income tax like any other employee, I didn't immediately disagree. I applaud Gates' bold thinking to help solve one of society's biggest upcoming challenges: embracing automation in a way that "lifts all boats" instead of leaving large swaths of society behind. A robot tax would help offset the reduced revenues flowing into public coffers as machines take some jobs previously held by humans.