With increasing adoption of robots, they are helping us to become more productive and safe. But, they also replace some jobs we used to have, which causes diminishing contribution to our social security and welfare from the paychecks of those replaced jobs. Governments are ignoring the economic impact of robots to its financial health. As a result, the money to help people to retire early and when they are unemployed is decreasing. The social balance in this area is lost.
To restore the balance, I would recommend governments to maintain social security and health care tax on robots. This way, the income of social benefit from the jobs replaced by robots will not be lost. This would turn the economic impact of robots to our jobs from negative to positive. With my recommended change, the increasing tax income from robots would truly benefit people so we could retire early, have worry-free unemployment, and enjoy our life more.
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