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Amazon's humanoid robots will eventually cost only $3 per hour to operate

businessinsider.com

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Re: Amazon's humanoid robots will eventually cost only $3 per hour to operate

#2
I expect workers like this. Warehouse picking is grueling work and no one really likes it per se. So having a robot do it is good to allow humans to do other things.

I don’t think the solution is to keep grueling jobs or pay more to make people do things they don’t want to do. Of course more money is good, but at the end of the day, it’s a repetitive job that doesn’t require much thought.

What’s interesting is that if these only cost $3/hour to operate that’s only $25k/year (assuming 365x24 operation) so if these things last 5 years then that means the idea is they will only cost $125k to buy and maintain. That’s cheap enough that middle class people will have live in super servants. And that’s much more appealing to me to have a laundry/dish/sweep bot. Especially since I could probably chip in with neighbors and eventually not have to do these household chores.

Re: Amazon's humanoid robots will eventually cost only $3 per hour to operate

#3
post #2

I expect workers like this. Warehouse picking is grueling work and no one really likes it per se. So having a robot do it is good to allow humans to do other things. I don’t think the solution is to keep grueling jobs or pay more to make people do things they don’t want to do. Of course more money is good, but at the end of the day, it’s a repetitive job that doesn’t require much thought. What’s interesting is that i…

Indeed, Amazon should automate it, and we'll collectively tax the automation to prevent all the gains going to shareholders. Profits still made, just not too much.

Re: Amazon's humanoid robots will eventually cost only $3 per hour to operate

#4
post #2

I expect workers like this. Warehouse picking is grueling work and no one really likes it per se. So having a robot do it is good to allow humans to do other things. I don’t think the solution is to keep grueling jobs or pay more to make people do things they don’t want to do. Of course more money is good, but at the end of the day, it’s a repetitive job that doesn’t require much thought. What’s interesting is that i…

Indeed, Amazon should automate it, and we'll collectively tax the automation to prevent all the gains going to shareholders. Profits still made, just not too much.

What's the point of automating stuff for Amazon if then the gains are taxed?

Re: Amazon's humanoid robots will eventually cost only $3 per hour to operate

#5
post #2

I expect workers like this. Warehouse picking is grueling work and no one really likes it per se. So having a robot do it is good to allow humans to do other things. I don’t think the solution is to keep grueling jobs or pay more to make people do things they don’t want to do. Of course more money is good, but at the end of the day, it’s a repetitive job that doesn’t require much thought. What’s interesting is that i…

There are a few keywords in this article that make me think this isn’t coming to a home near you any time soon:

“eventually.” “Plus software overhead” … “Amazon.”

For that last one, keep in mind that Amazon can afford to invest millions to billions and also totally control the working environment. Warehouse workers are practically robots already with the structure that is imposed on their work. A home isn’t like that.

Re: Amazon's humanoid robots will eventually cost only $3 per hour to operate

#6
post #4

Earlier quoted context omitted.

Indeed, Amazon should automate it, and we'll collectively tax the automation to prevent all the gains going to shareholders. Profits still made, just not too much.

What's the point of automating stuff for Amazon if then the gains are taxed?

The gains aren’t taxed at 100%.

Re: Amazon's humanoid robots will eventually cost only $3 per hour to operate

#7
post #2

I expect workers like this. Warehouse picking is grueling work and no one really likes it per se. So having a robot do it is good to allow humans to do other things. I don’t think the solution is to keep grueling jobs or pay more to make people do things they don’t want to do. Of course more money is good, but at the end of the day, it’s a repetitive job that doesn’t require much thought. What’s interesting is that i…

Indeed, Amazon should automate it, and we'll collectively tax the automation to prevent all the gains going to shareholders. Profits still made, just not too much.

That make sense.

I remember in microeco101 they talked about how Walmart’s low prices are effectively like a tax with the end result of benefits spread to the lowest income people who benefit the most by low prices on commodity goods.

If Amazon lowers prices due to profit, then, theoretically that gets passed on to consumers. So it’s like a super efficient tax where the tax would be distributed to poor people in food stamps or something. Of course, that’s assuming they reduce prices instead of just keeping profits.

Re: Amazon's humanoid robots will eventually cost only $3 per hour to operate

#8
post #6
post #4

Earlier quoted context omitted.

What's the point of automating stuff for Amazon if then the gains are taxed?

The gains aren’t taxed at 100%.

Right! Workers aren't working shit jobs, the business still operates, consumers get the "consumer excess" benefits, shareholders still make a return, but the economics are kept in check.

You want to optimize for all the good things above without enabling wild power imbalances via cashflows and wealth.

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