Shower thought: Near term economic impact of the rise of the robots (and AI).
So anyone reading this will know of ChatGPT4o, Open-AI, Ilya Sutskever and SSI, Figure 01 the robot, Agility Robotics and Cassie, Claude 3.5 Opus, Sam Altman, etcetera. All the AI news. And if you’re like me then you have been pondering what will happen to the economy when AI goes really mainstream. When the robots appear en mass at our factories and then shops and then retirement villages and old age care facilities and hospitals and then eventually they are in our homes doing more than skooting around the floor picking up bits of rubbish and banging into chairs.
So wages. Blue collar jobs. Manual. So a place for a robot.
Robots will start off very expensive. The bipedal ones that might take one’s job at the cash register. Expensive means they’ll need a very good business case to be viable in the workplace. They’ll need a high level of ability and performance.
This means they won’t take the jobs of anyone who doesn’t get paid much. Being a low paid worker means you’re cheaper than getting a robot to do the task.
Assuming nothing monumental happens to dissuade people from robots, (like getting hacked by a bad actor and doing an I Robot (the movie) type uprising) they’ll gradually be produced in ever…
