The entire economy is going to change. When it comes to economic productivity, there are three components that allow it to grow.
In this video I discuss how two of them are going to be supercharged. AI and robotics are going to change the entire foundation of the economy.
▶️ 3Speak
We saw how prices of a lot of things dropped once they were automated and was done by robots. Apart from the labor factories in China where the workers are severely underpaid, a lot of hand made/assembled things cost more. This is more evident in the car industry where supercars and high end ones still have a lot of human intervention.
So AI and robots working on more manufacturing and production should help lower the price and increase productivity.
I am not sure what the level of robotics is to set off massive deflationary but it will likely be hit by the end of the decade, at least within some industries. By 2032, we will see massive disruption from both AI (knowledge work) and robotics).
A country producing 25 million humanoid robots per year is going to see a massive change.
Actually I was skeptical cause the first question that came to mind was "what's the difference between both Ai Is practically robots ain't there the same
No. AI goes in robots.
Robots are the bridge between the physical and digital world.
Well AI is in your computers which are not moving around. So it is not considered real world. Robots are the bridge, operating in the real world, thus encountering whatever is new.