3 ms·
UN report authors don't understand economics. If robots ever get cheap enough to replace sweatshop labor, that will mean a substantial increase in the number o
by Jabanga 10y ago
UN report authors don't understand economics.
If robots ever get cheap enough to replace sweatshop labor, that will mean a substantial increase in the number of people in the developing world that will be able to afford these robots. The same way smartphones were only found in the developed world a decade ago, and now are owned by over two billion people in the developing world, hundreds of millions of people in the developing world will be able to afford robots if prices come down enough.
This will profoundly increase the number of businesses that people in the developing world will be able to operate, and improve the quality of life of the average person there.