The startup industry has been whistling a happy tune since the British chip designer ARM filed paperwork with the SEC late last month for an IPO. \u201d\nFor a counterargument, we go back to Brookings, which highlights the aforementioned potential for automation to create more jobs in the long run:\n\u201c[T]he existing research suggests that firms adopting robots actually experience an increase in employment, undercutting a main argument in favor of a robot tax,\u201d writes senior fellow Robert Seamans. The widespread thinking seems to be that this chip design company is going to worth anywhere from $40 billion to $80 billion and blow open the IPO window