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We are on the cusp of a new disruption: physical labor performed by humanoid-form robots.
The disruption of labor will be among the most profound transformations in human history, and therefore simultaneously represents one of the greatest opportunities and greatest challenges our civilization has ever faced.
Over the next 15-20 years, humanoid robots will disrupt human labor across every major industry and sector of the global economy
Just as internal combustion engines gave automobiles the capability to disrupt horses, a convergence of technologies that together create what we call a labor engine is what gives humanoid robots the capability to disrupt human labor.
The disruption of labor
The disruption of labor by humanoid robots is inevitable.
Humanoid robots will enter the market at a cost-capability of under $10/hour for their labor, on a trajectory to under $1/hour before 2035 and under $0.10/hour before 2045. This alone makes the disruption of a substantial fraction of human labor inevitable.
Race to the top
Investing in humanoid robotics is now a matter of national interest.
Humanoid robots today are the most expensive and least capable they will ever be. All products and services will get cheaper. Productivity will skyrocket. Above all: Protect people, not jobs, firms, or industries
Witness the transformation
It is impossible to know in advance the full details of how the new labor system will differ from today, but the key feature is: the marginal cost of labor will rapidly approach zero.
From this, many other new system properties and behaviors will follow, just like when the Internet and digital technologies reduced the marginal cost of information and communications to near-zero.
Humanoid robots today are the most expensive and least capable they will ever be.
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