The issue of robots and employment emerged recently during the French election campaign, with presidential candidate Benoît Hamon discussing two aspects of this matter at great length. The first aspect is job shortages caused by robotization of the economy: the result of this shift is to make basic universal income a necessity to offset the impact of these shortages on French citizens’ income. The second area involves taxing robots in order to finance the social model as well as education. I will look into these issues in detail in three successive columns. The first will deal with the traditional relationship between innovation and employment, the second will focus on the introduction of artificial intelligence and the third will discuss the issue of taxing robots and explore the key question of who owns these machines.
The presidential and general election dates are fast approaching in France and the issues at stake are becoming clearer. One question that keeps coming back to the fore is France’s exit from the Eurozone. Commentators focus most particularly on what would happen in the immediate aftermath, once the country formally exits the currency union, and they are quite right to do so, as a number of very relevant questions need to be raised.
Philippe Waechter is Head of the economic research department of Natixis Asset Management.
Philippe joined Bred Banque Populaire in April 1988 as an economist. In 1994 he became Director of the economic research department. When Banque Populaire Asset Management was created in June 1998 (which then became Natexis Asset Management in May 2003) Philippe held the same position.
Philippe is graduated from the University of Paris I and worked as a Professor at the University of Evry from 2002 to 2003. He regularly works for the print and audiovisual media.
Philippe Waechter . 2h ago
RT @yashar: WATCH: Kayleigh McEnany: Obama rushed off to golf after Daniel Pearl was beheaded. Pearl was killed in 2002. Obama was a stat…
Philippe Waechter . 11h ago
RT @phil_waechter: USA - Les entreprises au bord de la crise de nerfs? https://t.co/Ukc3X5tNLj
Philippe Waechter . 21h ago
RT @RomanoGuigui: J'aime bien votre conclusion "Le risque de récession n’est pas loin." Un avertissement à la fois prudent ET engagé. https…