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From the Figure Master Plan: "Today, manual labor compensation is the primary driver of goods and services prices, accounting for ~50% of global GDP (~$42 tril
by Teknomadix 1y ago
From the Figure Master Plan:
"Today, manual labor compensation is the primary driver of goods and services prices, accounting for ~50% of global GDP (~$42 trillion/yr), but as these robots “join the workforce,” everywhere from factories to farmland, the cost of labor will decrease until it becomes equivalent to the price of renting a robot, facilitating a long-term, holistic reduction in costs.”
Renting a robot? What are the chances of robot rent-seeking becoming a drop in replacement for today's increasing costs of labor. A high likelihood potential outcome.
- antoniojtorres 1y agoPlus looking at the cost of labor strictly as a burden and not as something that supports the working class is a special kind of pathology.
- mainecoder 1y agothe cost of labor is shared the the working class as well , it is not just tha capitalist class that pays for labor that labor cost is in the final cost of all the goods and services you use. These robots make life better, if you don't want to buy a robot that is your choice but do not take the freedom of others to buy ,use make and modify robots.
- Teknomadix 1y agoYou're entirely missing the point. Unless you can build the robot in question and the infrastructure that supports it's ability to operate, you will never own one. You will be a renter of hardware and services and you will be subject to an externalized market controller who can—at will—arbitrarily raise the costs of operating said robot.