Sunday, September 29, 2024

Humanoids Set to Add $24 Trillion to Economy: Will This Bring UBI? - Julia McCoy, YouTube

Julia McCoy cites Ark Invest claims that humanoid robots will generate $24 trillion to the economy. The report says that if humanoid robots are able to operate at scale, they will create new jobs in both household and manufacturing sectors. The video discusses the potential impact of these robots on the workforce and the economy. Julia McCoy believes this will lead to a post-labor economy. She argues that robots will take over most of the jobs and humans will receive universal basic income (UBI) from the profits generated by these robots. The video also mentions that there are challenges to overcome before we get to this utopian future. One challenge is developing generalized robots that can automate multiple tasks. Another challenge is figuring out how to transition to a post-labor economy without causing an economic collapse. (this summary assisted by Gen AI)

https://www.youtube.com/watch?v=-6ncIlHToaM