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Also I have to believe that there is a "robot critical mass" that will top out fairly quickly. Robots are expensive, to be able to afford them you need to have
by senectus1 9y ago
Also I have to believe that there is a "robot critical mass" that will top out fairly quickly.
Robots are expensive, to be able to afford them you need to have customers that can afford to buy them.
They will only be able to afford them if they have enough work to earn the money to buy them.... I just dont forsee the "jobs apocalypse" that the dog whistlers seem to fear.
- Eridrus 9y agoRobots have high capital costs, but are cheaper than workers in the US. A single robot is roughly equal to 3 workers since it can operate 24/7 and even if your humans only cost $5/hr, 3 humans would cost you $30k/yr before you even get to health insurance or payroll taxes. God forbid you have workers in Seattle, SF, NYC, etc where you would triple that number again.
- itronitron 9y agoi wonder how much companies that own and use robots pay annually to insure them
- Eridrus 9y agoAlso, some companies (Knightscope comes to mind) lease their robots at hourly rates, so the companies replacing workers don't even need to have the capital themselves.