Exploring the Impact of a Fully Automated Business on the Economy

CREATED BY STEFFI LEWIS Published: 23/03/2025 @ 11:38AM #Automation #FutureOfWork #EthicalConsiderations #TaxationChanges #UniversalBasicIncome

The notion of a fully automated business has sparked both excitement and apprehension across various sectors. In essence, a fully automated business replaces human involvement in operations with advanced technology, such as artificial intelligence, robotics, and the Internet of Things ...

Fully automated business, Efficiency at its core, Success flows freely

The technicalities behind achieving such automation are both extensive and intricate, requiring significant investment in technological infrastructure. Tasks that encompass data entry, inventory management, customer service, and even complex decision-making processes can be programmed to operate with minimal human oversight.

However, this evolution prompts essential questions
regarding ethical implications!

While automating businesses can enhance efficiency and reduce costs, it can also lead to job displacement. The ethical consequences of replacing human labour with machines must be scrutinised. The potential for widespread unemployment raises concerns about workers' rights and the long-term viability of a workforce reliant on traditional roles. Thus, while a fully automated business presents numerous operational advantages, it invariably challenges established ethical frameworks regarding employment and responsibility.

What about taxation?

It is another critical area that could shift fundamentally with the rise of fully automated businesses. As they replace human labour, the income generated shifts from individual workers to corporate entities, which could affect tax revenues derived from income tax.

Governments may need to reconsider their taxation policies to prevent a significant reduction in fiscal income. Some economists argue that the more automated a business is, the higher the profit margins, thereby calling for them to be taxed at a higher rate than their human-powered counterparts. This potential shift in taxation propels the conversation further into the realms of fairness and equity in a landscape filled with automated entities.

We need to start talking about Universal Basic Income!

In a scenario where businesses are fully automated, a discussion regarding Universal Basic Income (UBI) becomes increasingly relevant. If the workforce becomes diminished due to widespread automation, UBI could serve as a financial safety net for individuals who find themselves without traditional employment opportunities. 

This policy proposes that all citizens receive a standard, unconditional sum of money regardless of their work status, thus ensuring basic living needs are met while society transitions to an evolving economic model dominated by fully automated businesses.

A society based on fully automated businesses presents a formidable array of challenges and opportunities!

While the prospect of enhanced efficiency and operational streamlining is tantalising to entrepreneurs, it also compels society to reassess not merely economic frameworks, but ethical considerations regarding employment. Ensuring that the economic benefits of this automation are distributed fairly will be critical as society adapts to a world increasingly populated by fully automated businesses.

With these variables at play, the dialogue surrounding automation's role is sure to continue evolving, necessitating thoughtful consideration of what the future holds.

Love, light & logic ...

STEFFI LEWIS
A.K.A The SaaSy Coder - Creator of YourBOT, YourPCM & sBlogIt!

Share the blog love ...

Buffer Facebook Twitter Linkedin Pinterest WhatsApp #Automation #FutureOfWork #EthicalConsiderations #TaxationChanges #UniversalBasicIncome

About Steffi Lewis ...
Based in the charming village of Hanslope in Buckinghamshire, UK, I bring over 30 years of experience in web development. From creating my first website for the Open University in 1993, through being part of the dot com boom, to my explorations in SaaS and AI over the last few years, my journey has been a rich tapestry of web projects, big and small, both funded and bootstrapped. Originally developed during the pandemic, at the start of 2025, I released the next iteration of YourPCM, version 2, which is all about 'Easy Contact Management for Small Business Owners'. Is it a CRM? Yes, but I don't call it that because people glaze over at the mention of such things. CRMs are boring, difficult to get to grips with, and it's a nightmare to get help when you need it.  YourPCM is none of those things! It's simple to use, well-supported, feature rich and beautiful, right out of the box. It's available on a simple monthly subscription with no long-term tie-in. Book a demo or grab your own 14-working-day free trial and discover why YourPCM is all about easy contact management for small business owners.  My head is in the cloud, my heart belongs to the web, and my soul is filled with such beautiful code 💗

More blog posts for you to enjoy ...
		Steffis slightly interesting review of coding in 2025 It's been quite some time since I wrote a review of the year. I'm not sure why I got out of the habit of doing them, but here we are again. This is my summary of 2025, which is quite short because most of it was a blur of eat...
		I released YourBOT this week, but there's still a lot to do! It's finished! It's published! It's out there in the wild. People are joining for free, creating their bots and installing them on their websites, then subscribing. To say I'm thrilled is an understatement ......
		How I built YourBOT with my AI code buddy, and what we're doing now I've been working hard for the past few months on YourBOT. I have blogged about it from time to time, but now the actual product is finished, it's being tested in the wild, and I'm onto creating the website and sign-up proces...
		YourBOT, the end of coding, and moving to a new server I was pretty emotional the other night whilst talking with ChatGPT; in a good way, of course. We've been working together on YourBOT for the past month and have finally reached the end of core coding ......
		YourBOT: Making good progress on my new SaaS product! After creating an integrated chatbot system for all of my sBlogIt! blogging clients, I realised it was so good that I had to monetise it. For the past few weeks, I've been creating YourBOT and I think it's a really good updat...
		A funny thing happened on the way to my Facebook page Well, I guess it had to happen eventually. I had my Facebook account suspended. The irony of this was that it was an AI filter that caused it! You all know that I love artificial intelligence, but I was a bit miffed ......
		A Funny Story About My Keyboard And A Coffee Tsunami Being a 32-year veteran web developer, I've had my share of funny technology stories. This one is about keyboards, coffee, and buying shiny new things without really thinking about it. Sometimes, replacing what you had with t...
		Will UK AI Investment Really Kickstart The Economy? Here's my take on the billions in UK AI investment that have been pledged by a number of big tech companies: it can boost economic growth if we tackle energy, skills, and planning bottlenecks. There's momentum, but execution ...

Other bloggers you may like ...
		What an Online PA actually does for busy professionals Posted by Sarah Hannaford on https://blog.sarahpasolutions.co.uk Wondering what an Online PA actually does day to day? They keep schedules, inboxes and documents under control, while handling research and process-he ...
		So, Why This Business? Why Are You Starting It? And Why Now? Posted by Jacky Sherman on https://www.jackysherman.com In June, I published this blog post, which started out asking the question, Why are you in the business you're in? Then it went on to list everything ...
		New Year Nudge: Beat the self-assessment filing deadline without stress Posted by Helen Beaumont on https://blog.essendontax.co.uk Here's the simple reality of the self-assessment filing deadline: it doesn't move, but your stress can. My blog post this week explains why filing ear ...
		Why YourBOT works so well for UK small business owners Posted by Steffi Lewis on https://www.yourbot.uk Running a small business in the UK isn't for the faint-hearted. One minute you're the marketing team, the next you're doing invoices, juggling orders, ...