Bill Gates renews call for robot tax to fund worker retraining

·1 views

Bill Gates has repeated his proposal for taxing robots that perform human jobs. He suggests the tax rate match the payroll contributions companies make for human employees. The revenue would fund social safety nets and worker retraining programs. Several other technology leaders support similar tax policies to address job losses from automation.

Read the full story at Times of India

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Ron Burkle buys, restores Frank Lloyd Wright's Ennis House for $23M total

Billionaire investor Ron Burkle purchased the deteriorated Ennis House, designed by architect Frank Lloyd Wright. He then invested an estimated $17 million into extensive restoration work on the property. Following the renovations, the house was listed for sale in 2024 with an asking price of $18 million. The sale price is noted as a record for such an architecturally significant home, highlighting the value of preserving historic design.

0 comments Read more at Times of India

IndiaTimes of India ·

Air India Express ordered to pay passengers denied boarding despite valid tickets

Air India Express was ordered to compensate two passengers denied boarding on a Kochi-Abu Dhabi flight. The passengers, a mother and son, held valid tickets but were not allowed to board. They subsequently incurred extra expenses to travel to Sharjah instead. The consumer commission directed the airline to refund their ticket cost and pay additional compensation for inconvenience and legal costs.

0 comments Read more at Times of India

IndiaTimes of India ·

RBI Governor: No India-US Trade Deal Would Have Negative Economic Impact

RBI Governor Sanjay Malhotra stated that the economic impact of a failed India-US trade deal depends on the level of tariffs applied. He called it premature to give a definitive answer but acknowledged a negative effect would likely occur. Malhotra noted India has recently secured several other trade agreements. His comments came in response to a question about the potential consequences of the deal not being finalized.

0 comments Read more at Times of India

IndiaTimes of India ·

SC directs Rajpal to pay Rs 2 crore by October 13

The Supreme Court has ordered an individual named Rajpal to pay Rs 2 crore by October 13. The court made this directive in a case concerning financial matters, referencing a colloquial phrase about money. The specific nature of the case was not detailed in the provided excerpt. The order sets a firm deadline for the payment to be made.

0 comments Read more at Times of India