Do you think Tesla can create a useful robot that will replace moderate-paying jobs, and will Elon Musk's Optimus redefine what an economy really means? Be sure to watch: • Tesla Drops BOMBSHELL on Trucking Industry ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-LgqgTNBF_cg.html • Elon Musk is About to WRECK the Entire Insurance Industry ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-gRfp8HWOlJA.html Visit: themarketisopen.com for instant stock quotes and 15 years of free financial data
No, not any time soon. The problem with a free standing humanoid robot will be power consumption and the need to recharge constantly. Both will limit their usefulness for the short term. If they were tethered to a power source, then maybe they could do some things to replace workers, but we already have those types of robots.
@@AudiTTQuattro2003 Yes, very soon. Power consumption is not an issue, Optimus is designed for 8 hour shifts. And charging isn't an issue either, when the task is done standing still. Also Tesla recently bought an induction charging company. Traditional industrial robots cost like 10x more than Optimus. And take a lot of time and experience to set up, while Optimus will only need verbal instructions, or at worst a single demonstration.
@@14lou You clearly didn't see the new Boston Dynamics robot. And there's another one that walks faster than humans. For Optimus walking is not a priority, they are focusing on the hands.
That's the big question. And we may only have a few years to answer it. UBI is one of the leading ideas, but it's not perfect, and the details have to be worked out still.
Ubi. Money printing follows productivity growth, it doesn’t matter wether the productivity gains are coming from humans or robots. The ubi will initially only be for those that were displaced first. To put it simply The robot likely won’t be a consumer so it doesn’t get a salary meaning the money that it wouldve made goes to the displaced person instead.
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!
To be honest, I've been wary of banks for a while, but I wasn't sure how to speak with an advisor first. Please let me know who your adviser is if it's okay; I need some recommendations.?
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If you want to save Social Security, give each robot produced a Social Security number. If the robot replaces 10 people it gets 10 Social Security numbers and will pay at the going rate for humans and the owner of the robot is responsible for the payment.
Comparing robots to humans is like comparing cars to horses and chariots...."what when the car get's broken?" well you fix it, still more efficient and profitable than horse.
When people who refuse to log out of their social media-cum-AI interfaces, have elected to reduce themselves to the level of a automaton, is this a surprise :-)
To replace 3 workers (ea work an 8 hr shift) at $100k ea (with All benefits included: medical/dental for the entire family!, retirement, vacation, sick days, etc..). No chance of a job action. So, $82k vs $300k? 🤔
@@MLEPOS1 the machines used by these robots can’t run 24 hrs. Companies will most likely run 2 shifts of 8-10 hrs with 4-6 hrs for maintenance/down time. Also these companies want to save $ so they will want to pay less than $82k.
I am good with all that - as long as people with limitations can acquire a bot to do basic household chores (cooking, cleaning, notifying when to take medicine, making emergency calls when appropriate...). Especially important for people on fixed incomes (disability, SSA only, ect). Just like it would be nice to have an AFFORDABLE car. Yes, people in cities can avail of robo-taxi but living in a town of 500, 65 miles from the nearest city there Might be a couple robo taxis - eventually, or 85 miles to the nearest city that probably is big enough (it also has our nearest Walmart), if we are gonna go electric, it will HAVE to be privately owned and charged.
I think the economics of Robotaxis will be more compelling than you are imagining. Everyone thinks of them only replacing taxi cabs, or Uber. Instead think of it more like car sharing, where it is much cheaper to use them than to own a car. This way I could see a town of 500 people having a service of fifty to one hundred Robotaxis. Obviously this will take time to scale, obvious things are obvious.
And the thing about robots, if one robot learns a certain task, oh lets say how to make an omlet, all the other robots can use the same program. Some tasks like delivering mail would be easy for a robot. They have built in memory like no human ever for certain things.
@@frederickfaller899 It's a ridiculously stupid thought. "If a robot 'learns' a certain task, all the other robots can use the same program." No shit, Sherlock!
$95 grand per year plus energy cost and maintenance for a robot working a double shift is no saving. If you’re going to be hiring a multitasking humanoid robot you want to be paying more like $3 per hour not $17. Then there’s a big market for robots until such times as they’re super smart and super fast.
To be fair at 17$ you are still not paying into their social security, health care, HR, paid breaks and a much of other stuff. But overall I agree with you. 95k + hourly doesn't sound good. I think it should be tiered like 50-95k per bot depending on complexity. And then a yearly software/update/maintenance charge of 10k per year.
The cost will be more like $20K. And for that you'll fully own the robot. The hourly rate will be a separate option, if you don't need one full time, or don't want to pay upfront. Of course the early limited supply will push the prices way up, close to the cost of human labor.
within 20 years later , when everything is run by robots, then they would be no value for money, i think we will move outof captalism and every country will be forced to follow russian government model
Tell me one thing Elon Musk is developing that will not be useful for a Mars Colony he is preparing the full package for Mars robots, space ship and all that entails, electric cars as there is probably no oil or would take to long to build the industries, solar power and the boring company for underground living. Anything he earns here on Earth is cream and pays for his goal
There will still be a need for boots on the ground - for now - but how WONDERFUL to have robots go in and hold (or take) a line without a single life lost! ❤️
@@StephenFirth-x3j that is trye, I mean true. Proven fact - point of order - a robot would take a man’s place - demographics, incomes, populations do not change.
I don't think Tesla Optimus is going to be designed to be capable of warfare combat or even war zone logistics, Elon is deliberately designing his robots to be slow and weak with a clumsy walking gate, so as to prevent them from being capable of a robot uprising. I wouldn't be surprised if he is even trying to incorporate design features that would make the robots easy to disassemble with just your bare hands, as an additional measure for just such a scenario, so that we could not only easily out run them climb up onto rough terrain they will not be able to follow us onto, easily over power them and pin them to the ground but also easily take them apart with just our bare hands, once we pin them down. Well, such design features do help prevent a Terminator scenario. It also renders the Tesla Optimus complete, incapable of replacing human operatives in jobs that require human level speed strength agility and durability. But given how the Optimus robot being an inorganic non biological being is invulnerable to biological hazards like doomsday plagues, biological waste in construction sites, and would like wise be invulnerable to toxic contamination like toxic construction materials, I could see Optimus being able to replace at least some humans in HazMat cleaning jobs.
Rarely do things progress as people predict. There's will be lots of humanoid robots in our future, but probably from lots of sources. Tesla will be one of many.
soo, you have no real observation of this video? eg, yes lots of niche areas for lots of other company bots, but again, affordability will be key to tesla dominating the world market in robots Q. agree/disagree?
Eventually yes, but for many years demand will outpace supply by a wide margin, and Tesla has a few years lead on the competition, and only Tesla has the capacity to scale up production fast. Apple has competition, it has a relatively small share of a saturated market, yet it's one of the largest companies in the world. Now imagine that Tesla is in the same position, but sells 10x more expensive products. That's like a $30T market cap. Could be less, or much more, depending on the details.
@billted3323 Do factories have human workers? If yes, then there's a need for humanoid robots. Also, that's just the start, the low hanging fruit, the goal is to replace all physical work with robots, and all office work with AI. Also, traditional automation has drawbacks, it's expensive, time consuming to set up, and inflexible. In smaller scale production a lot of things aren't worth automating, even if possible. And with labor becoming so cheap, the math may change even for big factories. In fact, the entire concept of production line may become obsolete. It was necessary because each human or robot can only do one simple operation, so the product have to move from stations to station for each new step. But humanoid robots can do anything, so the limiting factor will be how many parts can you deliver to a single station. And once you have that, the reason for building gigantic factories may disappear. Small shops may be able to make products equally cheaply, but save a lot on shipping cost. Not in every case of course, for example large stampings and castings for cars will still require big machines, and those will only be economical in mass production. And even that's not the end. The law of supply and demand applies to labor too, if it gets drastically cheaper, demand goes through the roof. There's no practical upper limit, we can find useful work for unlimited amounts of robots. If not on this planet, then on others. For example building a Dyson Sphere would need many many orders of magnitude more labor than the current world economy could provide.
Do you use that same logic when talking about Google Chrome? OR Amazon? Now that Google has built a multi billion dollar search engine, other companies will too. They will take Google's money? Now that Amazon has built a multi billion dollar sales website, other companies will too. They will take Amazon's money? I say, good luck to challenging Tesla.
Tesla only does around 50 billion in sales annually but Toyota does around 500 billion in sales annually. The stock value is meaningless besides determining how much money people will lose when the stocks value comes back down to reality. Tesla will always be very small compared to most automobile manufacturers.
Do you think that in 2035 with the advent of AGI (Artificial General Intelligence) and ASI (Super Artificial Intelligence) they will introduce universal basic income!? a subsidy!? there will be free will!? an era of abundance will begin!? the intellectual and motor capabilities of robots have already surpassed the average human and before 2035 there is talk of them surpassing those of any human and then again those of any human combined! regarding both body and mind! answer me please...
Once it works properly (and believe it or not, those models are being tested right now... somewhere (if not "tesla", "others") warfare military grade,, will be bough in the thousands and much steeper prices... and them several models... then let warfare do is thing and they will sell more... (not a nice picture, it is good to think something like this is a no go... but lets check human behaviour and history... ups!!!)
Robots are all fine and dandy until they break down and then you have to get somebody in to fix them which is usually $250 per hour and you have to wait for parts which are additional cost. Robots are made from motors gearboxes bearings and these are all wearable components and if they crash, then most likely you will not just get individual parts but you will have to buy a module which would cost over $10,000
Yes. It’s been my experience that what employers value the least is the employee. They look for any reason to cut numbers, salaries and benefits to achieve margins that ultimately go into the employers pocket. So to have an abusable workforce that won’t demand…well…anything is a profitable dream come true. For Tesla, this will be a smash hit - just with the auto business. Uptake will be tremendous from a loyalty standpoint, but as with the car business the naysayers and Tesla haters will try the competition and realize it’s expensive fluff not capable of anything promised in the adverts, finally conceding and going Optimus. The true hater will refuse, fade into irrelevance and go out of business. Nice! Anything to remove legacy thinking from society.
For that which cannot climb stairs, barely manage the gradient of a wheel-chair ramp, and there is no viable power source beyond that which enables it to baby-step its way across a flat floor :-)
@@billweberx selfparking EVs could also be selfplug-in V2G, just like the home robotic vacuum cleaner plugs itself in. A CHEAP WALL OUTLET at every car park space. No wires, dirt, cheap technology. Shopping centres car parks have lighting and electric supply. Trickle currents for hours is a lot of electricity. Most vehicles will only need a little daily top-up. Most vehicles will be full every day. Not like the ICE vehicles with big petrol tanks needing regular trips to the petrol stations. Basically, trickle top up everywhere. You could even sell some energy back into the grid, all controlled be the vehicles computer and your instructions. Top-up at home for free and sell into the grid if the kWh $ is good. Great concept isn't it ?
You could compare the current robots to the Mototola brick cell phone that weighed about 3lbs when the cell phone first came out. It wont take long before they look like, walk like, talk like and are smarter then humans. A person with AI for a brain.
We can even have a robotic girlfriend (after break up) to practice human relationship skills. “She” will be more flexible, forgiving. Diner and wine are optional…
@@martintokar7893 you heared the men you will probably be charget to rent you "robotic girlfriend". This is about as dystopian as it gets. Realy looking forward to all of this.
I intend to buy 3 when they hit the market, one for my home and 2 to hire out at minimum wage. I will then increase the number by 1 or 2 each year until I have a full stable and they become self sustaining.
It would be nice to use tesla bots like a platform anyone can built aps on, for example a professional tennis player can train it like itself and sell that to for upload to tesla bot holders for those that want to learn tennis. Can be a boxer, can be a chef, and dancing instructor, possibilities are great. Just need to slowly improve the speed and mobility of these bots.
I dont understand how you can make a valuation based on a economy and market toppling product. When there are 1.5 million of these robots circulating. No business will be able to afford to pay ANYTHING to tesla, there customers will be out of money due to no work. It will be a UBI world of abundance, whats the point of valuations.
The problem with this economic analysis is that competition will drive down the cost of robots. The robots may start out selling for $25k each, however, that price could well fall to $2.5k each within about 10 years. This amout of price reduction is not likely for electric cars due to the size of a car and its battery.
@@TMIOTesla The robots will be competition for human labor. People who can be readily replaced by the robots will find the market price of their time being rapidly reduced.
Human vs Robot labour is the competition here. A Robot can work say 350 days a year and double the hours of a human so effectively 700 working days. A human maybe 200 - 230 max. When you realise this, the human has to be 3 times as good/faster than a Robot just to match it. That’s a scary thought.
People will stop arguing and start truly enjoying these conveniences when they see their own image doing their own jobs. The world's leadership already agrees that monetary incomes will help supplement the world after the supply chain is mostly automated. People need to get along so that they stop making more enemies. Enough already. 🤩😍🤩
I’m pretty sure this isn’t in line with Gods plan for our evolution. “I fear the day when technology overlaps with our humanity. The world will only have a generation of idiots.” Albert Einstein!
Companies might start ( have already started?) 'employing' robot workforces and might even lease them from Tesla for the amount indicated... AT FIRST! Competition from other robotics firms will greatly reduce the anticipate income streams and Tesla will start reducing prices as it has had to with their EV's. No company will pay almost $100,000 per year per robot if a household consumer can purchase the same bot for $30,000? Good humanoid robots can be profitable and can be 100,000,000 unit products world-wide but the target of $10 trillion for Tesla solely from robotics? Tell him he's dreaming.
@@samr.england613 Those doing the selling go broke and serve no useful purpose. The rich now have robots to do everything humans used to and don't have to put up with the riff-raff bothering them anymore, and they all lived happily ever after.... (except all the people like us). The End.
watching them robots they will need 16hours to finish watering them plants. Robots redundancy would be about 3 years which will make them expensive to gain profit on. why 3 years well think of your phone software, new models with better new features. As well also ware on tare on ball joints actuators and the lithium replacement on full charge every night is only tops 1000 charges. Once sodium ion are more available this will change but. Imagine a robot out of warranty and no longer software updatable , that leaves you with a robot without its external AI programming platform. This then makes it impossible to greatly alter its job function program ability. Although a nice idea some jobs as chefs could sigh a relief, as economically it would be to expensive to replace some jobs by robots. Or at least for now, large organisations will use them to show off and be a warning to workers replacement. In the same way that companies pandered to woke policies and woke marketing campaigns, they will at first show case ther new robot force but practicalities in lots of jobs will provide not attainable in there titanium clad workforce . Don't expect to get in to a self drive jonny cab soon. They may be out soon but in mass and saleability , they are still long off.
No not really, i welcome robots and do use them in my factory in Vietnam but i pay a good salary to my workers at $1.35 per hour so paying $20 per hour is not viable here in Vietnam
☆ FSD factory production 24/7/365 is 8,760 machine hrs vs 2,000 man hours per year and no holidays, sick leave, training days, std bye workers, weekends, public holidays, The factory can be 5 times smaller or 5 times more productive. 🤔 😮😊 'Dirt cheap' electricity off rooftop solar PV and 'Dirt cheap' big batteries on wheels. Expensive grid capacity expansion will not be needed.
@@mervstash3692 ☆Vested interests. Grid owners have a $TRILLION asset that is RENTED by the electricity customers. 5cents feedin vs 50cents invoiced. Electricity is DIRT cheap. Fossil fueled generation owners have $BILLIONS assets that make the $TRILLION grid asset, valuable. Distant renewables electricity and nuclear electricity both need the grid. And make the grid valuable. Rooftop solar PV and EV big batteries do not need the grid. We have a problem. VESTED INTEREST problem. 1,Grid owners, $TRILLION infrastructure. 2,fossil fuel owners, $billions infrastructure. 3,distant renewables owners, 4,nuclear owners, $billions infrastructure. 5,nuclear promoters, lifetime investment. 6,central generation plant owners, $billions. 7,governments Garrentees locked in for 60years 😕🫤😟😮😱🥴 8,But not green hydrogen, unless they align with all the above. Unhappy 🙁 days, A little fossil fuels used in mid winter weeks is nothing. Petroleum feedstock to petrochemical industry will continue. Natural gas is cheaper.
@@stephenbrickwood1602 serious question, but what % of the way to completion this thing is? Before it is fit for any real world autonomous use. I would say 1%
@@mervstash3692 you may be right. I just saw the youtube video. I am an old construction engineer, so I do think with a lifetime of skills and experience. But if it is good enough to be trained and work quickly on new complicated tasks, then my 24/7/365 factory may be closer. It may not need to look human. We need to start thinking through these things and talking about them. New working technology always follows a period of rapid implementation from the old. Just my thoughts.
Yeah if we ain't coming into an age of super prosperity unless there's a major catastrophe man-made or not there is no excuse for it not to be so 🙃🧐😱. And that's within five years from now...! And I'm not just talking robots but automation manufacturing farming all affected by extreme efficiency low-cost maximum output....
Tesla found out that their production line robots can break and stop their lines, which is the equivalent of calling in sick! Why do you think they had production hell on the Model 3. Tesla wants to use their robot where work is repetitive, and dangerous. So expect plenty of “injured” Teslabot robots, they better make plenty of extra body panels, Hands, feet, and joint bearings and hire a large team to rebuild this robot fleet. So should their customers!
Well, kids; wr are goi g to need more powerful tools and personal weapons to stop this shit once it inevitability gets out of hand. It's not difficult to forsee how all of this business goes off the rails. I'll not be signing up for robots in the wild or chips in our heads. Humanities greed, ignorance and inherent laziness is the surest path to Existential Risk
Rental companies such as UHaul, Penske, and Budget will boom in this new industry. No business will want a robot that sits idle on its premise. To sub it out to other businesses for use becomes an entirely new business to run. If a robot returns damaged and incapable of working for you, then what. The best for a common business is to lease a robot instead. Like hiring on a temp. Rentals can disperse and then retrieve robots, then redistribute them to other jobs around the clock. In between shifts and assignments, robots go through simple upkeep maintenance. Robots can be removed from rotation for any severe repairs. Rental robots can be everywhere. You can have an existing profile built and stored on the Cloud or in jump drive. Go anywhere in the world, rent a robot, upload your profile to it, and you’re on your way. Surely we can think of a thousand reasons how this could be exploited and it being a bad idea. That’s what’s said about all technology, and yet, here you are reading this, without a care your data is being captured.
YEAAAAAH SURE... Tesla is totally falling apart, with outdated and booring EVs. And absolutely no development what so ever. The competition is at least two years ahead and the gap is getting bigger by the day. And Elon as a ceo? If I was a Tesla shareholder, I would be very nervous and disapointed
Tesla's hyperloop has went bankrupt and was a financial failure his Tesla Corporation has only sold about 5 million dollars worth of electric cars and less than 4 cyber trucks which have all been recalled and he wants $10,000 for the Tesla cars as a bonus so he wants $56 bonus on the 1500 cars that is sold which would bankrupt the company and he has committed waterfall and all kinds of SEC from making false promises that he is not fulfilled like his semi trucks and full auto and the Supercar along with the affordable 24,034,000 affordable Electric car. He's about as bad as that chick for theranos so I wouldn't be surprised to see him end up in prison for fraud by the end of the year or by summer of next year. Elon Musk is a scam artist and a pyramid scheme expert. His memory lane thing has already filled in the person that it went into
Honestly, I have over 120,000 miles on my Tesla, and now my battery has failed. Tesla is charging me $15,000 for a new large battery. This is absolutely ridiculous, and I am furious with Tesla. What on earth is going on?
《 Arrays of nanodiodes promise full conservation of energy》 A simple rectifier crystal can, iust short of a replicatable long term demonstration of a powerful prototype, almost certainly filter the random thermal motion of electrons or discrete positiive charged voids called holes so the electric current flowing in one direction predominates. At low system voltage a filtrate of one polarity predominates only a little but there is always usable electrical power derived from the source Johnson Nyquest thermal electrical noise. This net electrical filtrate can be aggregated in a group of separate diodes in consistent alignment parallel creating widely scalable electrical power. As the polarity filtered electrical energy is exported, the amount of thermal energy in the group of diodes decreases. This group cooling will draw heat in from the surrounding ambient heat at a rate depending on the filtering rate and thermal resistance between the group and ambient gas, liquid, or solid warmer than absolute zero. There is a lot of ambient heat on our planet, more in equatorial dry desert summer days and less in polar desert winter nights. Refrigeration by the principle that energy is conserved should produce electricity instead of consuming it. Focusing on explaining the electronic behavior of one composition of simple diode, a near flawless crystal of silicon is modified by implanting a small amount of phosphorus on one side from a ohmic contact end to a junction where the additive is suddenly and completely changed to boron with minimal disturbance of the crystal pattern. The crystal then continues to another ohmic contact. A region of high electrical resistance forms at the junction in this type of diode when the phosphorous near the ĵunction donates electrons that are free to move elsewhere while leaving phosphorus ions held in the crystal while the boron donates a hole which is similalarly free to move. The two types of mobile charges mutually clear each other away near the junction leaving little electrical conductivity. An equlibrium width of this region is settled between the phosphorus, boron, electrons, and holes. Thermal noise is beyond steady state equlibrium. Thermal transients where mobile electrons move from the phosphorus added side to the boron added side ride transient extra conductivity so they are filtered into the external circuit. Electrons are units of electric current. They lose their thermal energy of motion and gain electromotive force, another name for voltage, as they transition between the junction and the array electrical tap. Aloha
None of teslas bussiness is uniqe anymore... Even if they do it better then other... Witch in most things they are not... Their robot is far from the best.
We don't have to extinct anyone to over produce anyone taking all the women is going to start to become pointless not entirely though there good for being them - Willy 0
Tesla's perfection prior to production of will be the downfall. The elderly; those with money to spend, need some kind of nursing help NOW, not when it is perfect. Help me to the bathroom and bring me my meds will suffice for now. Allow for trade up exchange when better and better models are available. Or lose the war but win the fight; if Tesla pursues perfection before being of service now. After half the market has died off is not the time to release the perfect nurse.
The margins will be relatively low in this market just as in the automobile market because of the crazy competition that will be the reality of this new market. There will be 30 chinese competitors and 20 western competitors and 10 japanese and Korean competitors. So the valuation presented in the video is completely unrealistic.
Not with the rise of robot policing and robot jails. Even more profitable than robot slaves and sex workers. Super abundance or ... Super warriors. The elite never make humane decisions. Profit is a bitch master. Buckle up for robot wars.
@@garethrobinson2275 There will be shortages. When nuclear power plants were first being built in the 1950s, the prediction was broadcast everywhere that electricity would be so abundant it would be free for everyone. Besides crime seldom comes from absence of necessities, but from the evils of the human heart-greed, lust, vanity, envy, pride…...
The autonomouse hoverdrones with there electric mencatchers wouldh like to disagree. The "Publicsavety Turrets" are never sleeping and there tranqelising rounds are inexpensive.
well can i buy a robot for $25,000 then it can do my and i get the $95,000 a year, then i can work for another company for $95,000 a year then i make $190,000 a year but then i can buy another robot , for $25,000 then it can work for $95,000 , and now i am making $190,000 a year ,then in 5 years i can retire and have 5 robots at $95,000 a year making me money , now there's a idea !!!!!!!!
I wonder if these robots will be linked to a central Network controlled by AI. Like in the movie :I robot. And the robot in every home yeah that sounds great that way they can spy on you force you to do whatever the AI wants.
Been there, done that. In the early 1800s, steam looms began to automatically manufacture cloth in factories. This caused massive numbers of weavers to lose their jobs and they rebelled. They were lead by a man named Ned Ludd who told them to smash the steam looms. They called themselves Luddites and they said that machines must not replace humans. They lost the war and soon nearly all fabric was made by machines. We benefit today with affordable clothing. No longer do the poor need to wear rags.
In a controlled environment for sure. Certainly interesting times with BD showing beautifully fluid movement and Tesla going for the cheap volume based approach for business. I’d love for both to merge and have a fabulous graceful Teslabot.
Does anyone really think that voters won't pressure the government to write laws constraining where robots can be used? The "value-based pricing" model being described in this video is based on putting people out of work, people who likely do not have either the education or the skills needed to find work. The social and economic impact of this technology is chilling. What about the negative economic impact on lower income US citizens that support themselves via manual labor - including all those who drive for UBER, LYFT, Uber Eats, Door Dash, etc. being forced out of work, unable to feed their families or pay their rent? Consider too the impact to the 10 million illegal aliens in the USA today that came over the border with very limited education. Welfare rolls will explode. Income tax revenues would crash. Crime would skyrocket. The country would experience massive social and political upheaval. This is not progress - it would be national suicide. This technology demands a limited phased in approach over time to allow the economy and population to adjust. -
When there are no more consumers to buy their products, I think the companies employing robots will come to their own senses, without gov intervention.
Many things are not understood. My Grid electricity is billed at 50cents kWh, 45cents kWh GRID RENTAL and 5cents kWh for the electricity. Electricity is DIRT CHEAP.
That can be solved. For starters, if robots and AI do all the work, the price of everything would be essentially zero. The end state is a fully automated luxury space communism. The only issue is how we get from here to there safely.
@andrasbiro3007 nope the cost comes from power usage, even if you use solar you need miners to gather the minerals, you also need technicians to repair the robots,
@@Phemruto Robots will mine, and robots will repair. Anything a human can do, a robot will do better and cheaper. Not tomorrow, but soon enough. Take ChatGPT (or Grok) and Optimus, then use you imagination to combine them. If you don't know them well, watch Optimus demos and OpenAI's GPT-4o unveil. Then experiment with GPT-4o, it's free.
