my opinion, the conventional wisdom on this is backward. While China will face a wrenching labor-market transition due to automation, large segments of that transition may arrive later or move slower than the job losses wracking the American economy. While the simplest and most routine factory jobs—quality control and simple assembly-line tasks—wil
... See moreKai-Fu Lee • AI Superpowers: China, Silicon Valley, and the New World Order
The biggest disruption of all could come when 3D printers are scaled up to construction size. Behrokh Khoshnevis, an engineering professor at the University of Southern California, is building a massive 3D printer capable of fabricating a house in just twenty-four hours.
Martin Ford • Rise of the Robots: Technology and the Threat of a Jobless Future
As this technological trend accelerates, the capital requirements to produce a product will decline precipitously. To run a small robotic factory could be like running your own data center, well within reach of the individual entrepreneur.
Eric Jorgenson • The Anthology of Balaji: A Guide to Technology, Truth, and Building the Future
If you have to be correct and you’ve got a very long and fat tail of use cases, either you do all of the work technically or you hire people. Often, we hire people. That’s a variable cost. Second, because the tails of the solutions tend to be so long—think something like self-driving where there are so many exceptions that could possibly happen—the... See more