[1] https://www.statista.com/statistics/819966/mcdonald-s-number...
[1] https://www.statista.com/statistics/819966/mcdonald-s-number...
1000% yes; I work in industrial mobile robots and it's obvious that governments need to find a way to capture some of the value which is being created there, particular when it's a more-or-less direct trade of a wage-earning employee for a one-off capital investment.
Are there are any major proposals yet for how this might work, or has already worked? The "existing" section on this suspiciously-OR Wikipedia article is pretty scant:
I don't know of any direct proposals, but I know of one thought: if you look at it, tax on fuels is partially a tax on automation already - machines use energy (be it electricity, heat or pressure), so there's a tax here that is proportional to use of machines. Of course it seems very low if treated as "tax on automation", and it's going to be easy to work around with off-the-grid, local power generation.
There are good reasons to tax energy and carbon, but critics are right that it ultimately is a tax on everything. An automation tax needs to find a way to specifically tax the gains made by putting humans out of a job, similar to what organized labour achieved for a generation of longshoreman when containerization killed their industry in the 60s and 70s (as documented in Marc Levinson's excellent book The Box).
There has to be a domestic market of people buying stuff for the rest of the economy to exist. If all the people are automated out of jobs, then that domestic market has to be provided by UBI. The funds for that provision have to come from corporate taxes. Probably a tax on capital spending or depreciation - if you're replacing labour with capital and the government relies on taxes on labour for its revenue, then the government has to switch to taxing capital.
If there was a way of not involving the government in this, that would probably work better. The dream, of course, being The Culture - no government at all, just people acting in their enlightened self-interest in a post-scarcity world.
Special taxes are dumb because of the overhead and externalities.
Automation is already covered in that it results in either greater profits or greater payroll through higher wages, so either way it’s already taxed.
The incentive is for companies to be efficient by increasing productivity. This productivity is taxed through existing means. So unless you want to disincentive automation a special tax for it is bad.
If it is direct employees, some of the explanation would be that they sold locations to franchisees https://www.wsj.com/articles/mcdonalds-revenue-falls-as-comp...
Tough to implement.
Ok radical idea - I'm starting to think of these ever larger/automated companies as having "won" the capitalism game or discovered a fundamental solution to some problem. But the economy doesn't have a great endgame scenario for such entities. One option might be regulating them as public utilities instead of corporate entities. i.e. The point of making a huge corporation changes from eternally extracting rent to becoming so ubiquitous that society adopts it as a fundamental exercise like Fire Departments or roadways.