What are the differences in taxation of companies and employees vis-à-vis analogous entities in which all employed workers have been replaced by artificial intelligence?

How does the system of taxation of income generated by business entities and their employees differ from analogous companies, businesses, financial institutions, etc., in which all employed workers have been replaced by artificial intelligence?

In a situation where in many service companies and many manufacturing companies, as part of the so-called cost optimisation and profitability improvement, a significant part, the majority of the employed workers or the entire workforce will be replaced by artificial intelligence technology, the tax revenue going to the state budget from income taxes of the previously employed workers and the amounts from para-taxes, contributions to the social security system and others will significantly decrease if the tax system is not applied modified and adapted to the fourth technological revolution currently taking place. In addition, a long-standing process of change in the demographic structure of society, known as ageing, is taking place in developed countries. This means a successive decrease in the number of people in many productive years against people who have already reached retirement age. This will further weaken the state's public finance system in the years to come. If, in the future, the state is to ensure convenient provision of public goods and services for the next generations of citizens, the social security system, the participatory pension system, etc. are to function effectively, the necessary changes, including in the area of fiscal policy, should already be introduced. However, the issue of shaping socio-economic policy, including fiscal policy, social policy, provision of public goods by the state to citizens, etc., may be a problem mainly in the short term (a few months) or medium term (up to a few years) instead of the long term (at least a few decades of time).

In view of the above, I address the following question to the esteemed community of scientists and researchers:

How does the system of taxation of the income generated by economic entities and the employees employed in these entities differ from the analogous companies, enterprises, financial institutions, etc., in which all employed employees have been replaced by artificial intelligence?

What is your opinion on this?

What is your opinion on this subject?

Please respond,

I invite you all to discuss,

Thank you very much,

Best regards,

Dariusz Prokopowicz

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