We all know who Bill Gates is, but let's just examine this proposition as if someone else said it, maybe someone anonymous or who lacks prestige.
We would tell them that sewing machine aren't taxed; farm equipment isn't taxed; street sweepers aren't taxed. We would tell them that productivity through technological innovation is an essential ingredient to our economy and that human needs are ever-evolving, and new jobs will be created just like they always have been.
> I am reminded of a story that a businessman told me a few years ago. While touring China, he came upon a team of nearly 100 workers building an earthen dam with shovels. The businessman commented to a local official that, with an earth-moving machine, a single worker could create the dam in an afternoon. The official’s curious response was, “Yes, but think of all the unemployment that would create.” “Oh,” said the businessman, “I thought you were building a dam. If it’s jobs you want to create, then take away their shovels and give them spoons!”