These Robots Are Using Static Electricity to Make Nikes
bloomberg.com
bloomberg.com
Dealing with fabric that isn't flat is a popular robotics research topic, but results are not very good.[4] Willow Robotics used to have a demo of towel folding with a robot, but it was extremely slow.
[1] https://grabitinc.com/ [2] https://www.youtube.com/watch?v=zI7u9V5aYt4 [3] http://money.cnn.com/2016/10/11/technology/robots-garment-ma... [4] http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.689...
How exactly?
Automation does produce a surplus, but total wealth is in many ways less important than median wealth.
Nike will keep its prices high for brand purposes.
Meanwhile, robotic shoe bots churning out 3x the number of shoes in the same amount of time, at half the price per shoe that it used to cost, will be selling to the bottom 2/3 of the planet, not to Nike customers.
Robotic manufacturing will do two big things: relocate some types of manufacturing based on demand instead of labor, and make quality goods far cheaper for countries near or below the global median income wise.
If people don't have jobs they dont' make money only very few of them can offer to invest in stock let alone property.
So thats hardly a solution.
I am with you on basic income but it has to come from where the gains are being made and that is from those who own the robots.
I am assuming people who own the robots don't work to earn money so there has to be tons of capital gain around!
increase the tax rate to %75 and you have your money for basic income. tax rate should be really high, otherwise the wealth moves very quickly to robot owners, and there should be no loop hole. that is why I think we should tax consumption because there is no way around it!
You need access to outside value creation and that will come from the "means of production" which is the only place a society will be able to make money if we end up automating most of society.
my whole point is you can't tax production and expect companies to stay and pay high taxes, they are going to move to somewhere with less taxes. and if that happen and we are only relying on taxing productions then we end up with nothing! how do you suggest we set it up to prevent companies from moving? and keep in mind we have a fucked up political system and corporations own congress, so your solution can't be a complicated tax regulation because there is going to be tons of loopholes in it!
If the time it takes to mechanize a new job is shorter than a generation, the economy crumbles from the churn and permanently displaced workers. (I'd argue we're on the cusp of this.)
Everyone is addressing that we've seen displaced labor before, but not a lot about the fact that the rate at which we're displacing labor is rapidly accelerating. (Or that massively displaced labor often only gets better after a generation of massive hardships.)
I don't expect "AI" to take over every job, I just expect technology to displace 95% of the people from 95% of the (good) jobs in ~30 years. I think once that 90% of the workforce becomes dislodged, we're not going to see the notion of "jobs" ever recover, particularly ones that are more than service industry positions.
I think we're already seeing the tip of it in lost office jobs being replaced by service industry jobs -- hilariously, replacing knowledge and skilled work with repetitive physical labor.
So 200 people are put out of work in a factory town, but the 10 people the plant still needs are much better off. The rest of the workers are expected to take advantage of the resources available to them, and find something better.
There is still a large net job loss, but other jobs crop up elsewhere in the economy, and the general quality of jobs throughout the nation is improved. Often people don't take advantage of retraining programs, however, which leads to enormously depressed areas which used to be centered around a few large employers.
But it's not usually because of laziness or unwillingness to change gears. Many people simply balk at leaving their home community, and when everyone is suddenly out of work, there aren't openings in many industries that they might retrain into. Still, that's like staying in a village after the well dries up; sort of pointless and making life much harder on yourself than it needs to be. Automation is not a bad thing, but it requires a dynamic country where people are willing to move and train into jobs. Today's America is stagnant and stationary, a problem which would probably solve itself if these decrepit factory towns weren't so successful at garnering subsidies to maintain their lifestyles. Just look at coal country...
Could we activate electrostatic adhesion on tires to enhance road grip when braking? Can we use it for climbing walls? Walking in 0 G?
https://www.youtube.com/watch?v=_5XBNxLpBGA
This demo looks like the technology doesn't involve a lot of heavy duty electronics:
This seems like a really strange approach.