Beltway Confidential

I, for one, don’t know if we need to subsidize our robot overlords

By Timothy P. Carney
Published May 28, 2014 7:04pm ET
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I, for one, don’t know if we need to subsidize our robot overlords
Technology is good. But maybe instead of subsidizing the pace, we should let it advance more organically. (Thinkstock Image) | Tokichiro

Politicians go head over heels to subsidize technology. The federal Research & Development tax credit is a bipartisan affair. Plenty of states have high-tech tax credits and other subsidies for new tech.

Should we? Technological advancement is generally good, and it seems to raise the tide for the whole society, but when it happens rapidly, it seems to have victims. My AEI colleague Michael Strain addresses these questions at the Washington Post:

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Labor Science Timothy P. Carney