Comment by Lawrence Summers

Former U.S. Secretary of the Treasury; President Emeritus of Harvard University; economist
Why pick on robots? [...] I don't think simply trying to resist or stop technology is a viable strategy. I don't think it would be a viable strategy if it was adoptable on a global basis, but it's even less viable for a single country in international competition. A sufficiently high tax on robots would prevent them from being produced. It follows that there is as much a case for subsidizing as taxing types of capital that embody innovation. Unverified source (2017)
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