Part 7/10:
By around 2040, they predict multiple companies will produce millions of these robots annually, increasingly capable due to software improvements rather than hardware innovations. Tasks like making barbecue, cooking, or other skilled activities might take longer—potentially a decade or more—but the core functionalities for work involving repetitive motions will be well within reach.
A Moment of Reflection: The Paradox of Money Printing and Robotics
A striking aspect of the conversation is the reflection on the economic consequences of such technological advances amid a backdrop of unprecedented money printing. The experts argue that the over-issuance of money—creating a "banana republic" monetary environment—is akin to a looming catastrophe.