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Have some links to peer-reviewed research to back up those claims? > providing great savings to providers - but probably no savings to consumers For example,
by 9wzYQbTYsAIc 4y ago
Have some links to peer-reviewed research to back up those claims?
> providing great savings to providers - but probably no savings to consumers
For example, I’ve not studied much economics, but my undestanding is that the savings might come about through a reduction in inflation of prices.
- krageon 4y agoThink about how often prices are raised "due to increasing costs" and how often they are lowered for any reason. One is systemic, the other would probably be minor news.
- 9wzYQbTYsAIc 4y agoMakes sense, definitely. I’m just suggesting that robotics could reduce the frequency of increasing costs being used to raise prices. Aggregation of marginal savings, etc.
- krageon 4y agoI don't see how it makes sense to think this in a world where we have plenty of examples of robotic labour (stuff like factory produced cookies or cars). The increased use of robots has not assisted in making prices increase less at all. Such places are managed by modern business people, who are always looking for more money and absolutely never think of ethics or what makes sense. Within the context of "whatever I can get away with", you would not raise prices less. You'd raise them exactly as much as before and just extract more profit.