In this video I discuss some recent events within the world of robotics, including a minor update on the Tesla bot.
This is done to provide a backdrop for how quickly things are moving. A major funding round by two key players is also discussed.
▶️ 3Speak
Great video you have there.
One of my greatest fear over the years is robots taking over people source of livelihood.
It scares me till this moment because a lot of people are going to be poor due to job lost
Unless we figure out a way to replace income capital with something else, you are right.
Watch for calls for government payments by taxing the robots. The same tired solutions.
I recently saw videos of robotics companies showcasing their humanoid robots doing human work. Boston Dynamic's Atlas was able to pick up, carry, and place heavy automotive struts with ease. UBTech robot was shown doing some simple tasks in the Nio car facility. Things are really moving very quickly now.
I tend to focus upon Tesla bot and Figure. They are moving ahead quickly.
But you are right, there are, I would guess, about 10 companies in the US making legit strides.
So things are really ramping up.
They are and the focus is upon industrial use cases which means economic productivity will likely skyrocket at some point. It also mean, in my view, a great potential for massive job elimination.
I can see a lot of jobs in first world countries being replaced by these. I wonder if third world countries and China are safe for now, because labor are cheaper there.
They are going to be hit too, and quickly. Whatever the cost of labor, Chinese firms can still save with robots. I saw a video that claimed BYD is already using humanoid robots in one of hits auto plants. I have no idea if this is true but, no matter what the cost of labor, it is not as cheap as robots.
I guess for specialized labor, they still need to train those people. And not just anybody can be used.
What makes this scary, from a jobs perspective, is the pace of these training models these days. If a task can be learned by watching 50 videos or going through it 50 times, that is a game changer.
Think of how that would scale.
When robots start doing 87% of what the company works are supposed to do, how are the masses going to survive [where are they going to work for their daily bread?] 🤔🤔🤔🤔
That is the big question.
To me, it comes down to replacing income capital with staking capital. This is where I feel Web 3.0 fits in.
Exactly 💯💯, that's why I need to put more effort to what ever am doing on the web .
I need to grow stronger before the robots will come and take over the manual labor..