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 robot economy


The Robot Economy Will Run on Blockchain - Issue 65: In Plain Sight

Nautilus

Our future will be bright, fast--and full of robots. It'll be more Asimov than Terminator: servant robots, more or less similar to us. Some will be upright androids, but most will be boxes filled with computer chips running software agents. And there will be a lot of them. Forecasts predict that, within just three years, we'll have 1.7 million robots in industry, 32 million in our households, and 400,000 in professional offices.1 Robots will begin to run our factories.


Robot Slaves are Coming

#artificialintelligence

There is currently great fear that the growing robot economy will mean massive job losses. Job loss estimates for the next twenty years are as high as half of U.S. jobs. Re-training the displaced is a slow and not always viable solution. While many of the displaced jobs will be lower skilled, even many higher skilled jobs will be lost. Many jobs will simply disappear.


You will love the future economy, thanks to robots and AI

#artificialintelligence

Next time you stop for gas at a self-serve pump, say hello to the robot in front of you. Its life story can tell you a lot about the robot economy roaring toward us like an EF5 tornado on the prairie. Yeah, your automated gas pump killed a lot of jobs over the years, but its biography might give you hope that the coming wave of automation driven by artificial intelligence (AI) will turn out better for almost all of us than a lot of people seem to think. The first crude version of an automated gas-delivering robot appeared in 1964 at a station in Westminster, Colorado. Short Stop convenience store owner John Roscoe bought an electric box that let a clerk inside activate any of the pumps outside. Self-serve pumps didn't catch on until the 1970s, when pump-makers added automation that let customers pay at the pump, and over the next 30 years, stations across the nation installed these task-specific robots and fired attendants. By the 2000s, the gas attendant job had all but disappeared.


How robots are going to change our world for the better

#artificialintelligence

Humanoid robot bartender "Carl" prepares a drink for a guest at the Robots Bar and Lounge in the eastern German town of Ilmenau. NEXT time you stop for petrol at a self-serve pump, say hello to the robot in front of you. Its life story can tell you a lot about the robot economy roaring toward us like an EF5 tornado on the prairie. Yeah, your automated petrol pump killed a lot of jobs over the years, but its biography might give you hope that the coming wave of automation driven by artificial intelligence (AI) will turn out better for almost all of us than a lot of people seem to think. The first crude version of an automated petrol-delivering robot appeared in 1964 at a station in Westminster, Colorado.


You will love the future economy, thanks to robots and AI

#artificialintelligence

Next time you stop for gas at a self-serve pump, say hello to the robot in front of you. Its life story can tell you a lot about the robot economy roaring toward us like an EF5 tornado on the prairie. Yeah, your automated gas pump killed a lot of jobs over the years, but its biography might give you hope that the coming wave of automation driven by artificial intelligence (AI) will turn out better for almost all of us than a lot of people seem to think. The first crude version of an automated gas-delivering robot appeared in 1964 at a station in Westminster, Colorado. Short Stop convenience store owner John Roscoe bought an electric box that let a clerk inside activate any of the pumps outside. Self-serve pumps didn't catch on until the 1970s, when pump-makers added automation that let customers pay at the pump, and over the next 30 years, stations across the nation installed these task-specific robots and fired attendants. By the 2000s, the gas attendant job had all but disappeared.


Economist Branko Milanovi?: Three Fallacies That Make You Fear a Robot Economy - Evonomics

#artificialintelligence

Recent discussions about the "advent of robots" have some rather unusual features. The threat of robots replacing humans is seen as something truly novel possibly changing our civilization and way of life. But in reality this is nothing new. Introduction of machinery to replace repetitive (or even more creative) labor has been applied on a significant scale since the beginning of the Industrial Revolution. Robots are not different from any other machine.