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It was an excellent, well presented story. It is truly going to wreck havoc as the robots get cheaper, and the ROI years smaller. If it falls below a 2 year payback period, we'll start seeing far larger economic affects. Not at mom and pops, but at corps with more typical headcount levels.
Just 30 years ago, the quantity of bank teller jobs was several times todays levels, and truthfully, that was a higher skill set job to automate than the guy picking your order off shelves at a DC.
It was an excellent, well presented story. It is truly going to wreck havoc as the robots get cheaper, and the ROI years smaller. If it falls below a 2 year payback period, we'll start seeing far larger economic affects. Not at mom and pops, but at corps with more typical headcount levels.
Just 30 years ago, the quantity of bank teller jobs was several times todays levels, and truthfully, that was a higher skill set job to automate than the guy picking your order off shelves at a DC.
Even at mom and pop operations, the costs will eventually diminish to the point where even they will be able to afford to automate their services/production.
I just finished watching it on TV. Incredible stuff, especially those robots in the warehouse. Makes you wonder where else robots can replace us.
Taxi drivers and many other transportation jobs, though probably not airline pilots. Might be ten years, might be twenty, but it's going to happen. Parking attendants are going to be replaced too.
The problem is if there are very few jobs left for actual humans, there will also be an extreme lack of people with enough money to buy the products the machines make. That's not a workable economic system, so society will have to find ways to balance things out.
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