24 min

TheMacroView Episode 45: Bill Gates the Luddite The Macro View

    • Investing

Bill Gates is Quickly Becoming a Common Theme on TheMacroView thanks to his continuous nonsense spewing in public interviews - and the use of his wealth by other outlets as examples of how so-called income inequality is worse than ever before...

This time, once again, it is thanks to his own economic ignorance... 

Either Bill Gates has intellectually regressed and adopted the fight of the Luddites - or he recently joined an Amish sect.

Despite the evidence that technological advancement does not cause unemployment that he clearly witnessed from his own life's work, Bill is now claiming the robots will take the jobs of so many that the government should tax the productivity of robots in order to retrain people who lose their jobs.

Oh the Irony... Bill why don't you just stick to technology and leave economic analysis to the pros...

Bill Gates is Quickly Becoming a Common Theme on TheMacroView thanks to his continuous nonsense spewing in public interviews - and the use of his wealth by other outlets as examples of how so-called income inequality is worse than ever before...

This time, once again, it is thanks to his own economic ignorance... 

Either Bill Gates has intellectually regressed and adopted the fight of the Luddites - or he recently joined an Amish sect.

Despite the evidence that technological advancement does not cause unemployment that he clearly witnessed from his own life's work, Bill is now claiming the robots will take the jobs of so many that the government should tax the productivity of robots in order to retrain people who lose their jobs.

Oh the Irony... Bill why don't you just stick to technology and leave economic analysis to the pros...

24 min