Figure & OpenAi Just Created A Robot (This Will Change Jobs Forever)

"we are watching right before our very eyes history unfolding as we all lose our jobs"

"in the long term the goal is to use the robots to increase our standard of living by allowing humans to eventually leave the workforce"

"the cost of Labor in other words how much we get paid will go down because the competition will be impossible to beat we will not be able to beat how hard a robot works at some point in the future"

"as labor and compensation go down so does the cost of goods and services basically stuff and services becomes a lot cheaper because it also costs a lot less to make"

"some Industries will fall to automation a lot faster than others"

"some people will lose their jobs to robots"

"I assume that the industry that falls last to automation will be the one that benefits the most"

"the ones to fall first the words Universal basic income will be a much"