The Robots Are Coming! And It’s A Good Thing Too!

Maybe it’s not bad… Pratt explains:

Pratt points to a few possible ways out of humanity’s future dilemma. First, some human services and products will probably sell for higher prices than cheaper robotic alternatives. Today’s examples include hand-crafted goods and live music tickets that sell for higher prices than machine-made goods or music recordings.

Second, everyone might end up owning their own robot worker and enjoying leisure time. But achieving that utopian-sounding ideal would require some initial plan for distributing “robot capital” among humans.

Third, future humans might earn money by selling their “personal preferences” as potential customers. Many tech companies already use online tools to collect and sell information about our personal preferences to advertisers. But a future information economy might enable some way for us to regularly receive payment in exchange for our changing personal preferences.

When will the robot Cambrian explosion come to pass?  Read on…

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