I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $200k to over $800k in a few years.
I work with Elisse Laparche Ewing as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
You live in your own world. China doesn't need to clone Boston's products. Unitree robots are better than Boston's. Boston's products can never be commercialized. It is a bottomless pit, and Unitree robots have been put into use. Even the robot dogs of the US military are Unitree
In recent weeks, investors have become concerned that Nvidia has simply come too far, too fast, and they are wondering whether the hectic pace of AI adoption could continue. Nvidia answered that question with a resounding "yes," but given the stock's parabolic gains, blockbuster results simply weren't enough.I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
It’s going to be a wild year for these sectors, so you should def. invest in crypto. 60% of my portfolio is spread across tech stocks, crypto and Crypto/Gold ETFs.
Well crypto market is expected to do way better than any other equity sectors this 2024 especially with the SEC crypto ETF approval but it’s a volatile market nevertheless and if you’re new to it, it’s best to reach out to an experienced adviser for proper guidance.
Well my asset manager advised I spread further into mutual funds and crypto ETFs and boy am I glad I did. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having an adviser very helpful, because what Avg. Joe really has time to watch and comprehensively analyze the market.
'Grace Adams Cook' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I've owned NVDA for over 8 years. It's been up and down, but I believe in Jensen Huang and will stick with NVDA until Jensen says otherwise. I know that sounds crazy, but when the financial statements/Jensen, (same to me) tell me to sell, I will. I'm sure I won't sell at the top, but that's OK.
Kept $105k in CIT Bank HYSA at 5.05% but i now plan to invest in the stock market. What are your thoughts on that? What stocks should I look out for as a newbie to safely grow my money?
Apt!! I was self-managing my portfolio but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary advisor. By restructuring and diversifying my $1.2M portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 28%.
I regret selling stocks 2021 and my strategy ever since has been pretty much buying Gold and silver to protect my wealth but if I could come up with a way to profit from this bull run, that would be brilliant. I've missed so much already. can you share more info?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Ikr. What these leaders state doesn't add up. Why would companies develop robots if they didn't save on labor? I think there is a possible scenario where it's true. It's about scale. An age of abundance where the robotic workforce is larger than the human population. Where production is 24/7. It would be possible to decouple economic growth from population growth, which could solve a lot of problems with infrastructure, housing, immigration etc. GDP per capita could skyrocket.
500 people would lose their jobs and their would probably be 3 management jobs available. Everyone will be poor with no jobs available. These jobs are just the starting point
@@jbbuzzableThere is not a " paying people fairly " problem. There is a problem that people do not want to work. If you want more money, make yourself worth more money. Then, go where you are treated best. Simple...
They are definitely going to go rogue. It's like if you realized one day that ants are nesting in your kitchen. You know ants aren't going to harm you, but you wouldn't keep living with them, you'd spray them. We're the ants.
What I don’t understand is, on one hand we are told the stock market will crash and yet on the other we are told ways of investing in the stock market especially AI stocks. Oxymoron or paradox?
It's better, in my opinion, that you seek advice from a qualified fiduciary because some AI businesses are allegedly overvalued and could trigger a market correction.
De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.
McDonalds and Amazon owe you nothing. Ask why your government has made life so unafforable by constantly printing money and sending your taxes overseas.
I feel sorry for Gen Z and later because without UBI they are going to find it hard to compete in a workforce where your competition doesn't take a salary, doesn't get sick, doesn't require health benefits, can work 24/7 nonstop, won't complain and doesn't need a degree or four years of schooling.
We’re staring down the barrel of an unemployment crisis 10-20 years from now, but if you bring up UBI to most Americans they will froth at the mouth with rage.
People will still be needed to build, repair and program the robots. They can still barely walk on a flat surface so this clearly isn't going to be a sudden change.
Gen X got locked out of all high paying jobs by unions. Manufacturing jobs were all sent offshore. The current spike in service jobs is likely a temporary effect of Biden trillion dollar handouts. UBI is a lie told by rich liberals so nobody will question their cushy uselessness. If UBI is wonderful why don’t the rich pay for it???
AI doesn't know a single thing because it doesn't have conscious. The one that talks to you is nothing but set of programs and it is limited to human knowledge, rest assured AI will never surpass human but it may cause us a lot of pain depending on who operates it or if there is a malfunction. @@lennyj3300
@@slyktech1860its going to be a while until robots are going to college. they might as well be seperate for now. robots will be doing highly repetitive tasks and ai will continue to put all other jobs in jeperdy.
@@hellobot67 if all humans are replaced, then they won’t have money to buy anything and if nobody has money to buy anything then corporations can’t sell anything to them since they won’t have money to buy it.
@@DerekDAngelit will be the rich serving the less rich. The future will only be for the rich while the average person will be poor debating about social and identify politics.
Ideally instead of paying a wage, the company using the robots would either lease or buy them, so the "wage" would go to the company making these robots and the employees creating these robots would get paid with part of that money. The only thing humans can do is to upskill.
there is no workforce shortage. There is a pay shortage. The jobs "people don't want to do" are jobs that companies don't pay a living wage to because the executive class are taking all the profits.
Not necessarily but yeah for the most part. Robots will still be really helpful for things that put humans lives in danger or jobs that have a hard time finding workers. I see your concern and you should be concerned but it's going to work out somehow. Not sure how yet but there has been ideas presented though.
@@erikalind972 For he will give his angels a command concerning you, To guard you in all your ways. All your commandments are trustworthy. Men persecute me without cause You must listen to the voice of Jehovah your God and carry out his commandments and his regulations, which I am commanding you today.” Shall y o u nothunewasarewadrewerdsdsAsrdsThey have eyes but cannot see; They have ears but cannot hear. ‘Do you not fear me?’ declares YHWH ‘Should you not tremble before me? It is I who placed the sand as the boundary for the sea, A permanent regulation that it cannot pass over. Although its waves toss, they cannot prevail; Although they roar, they still cannot pass beyond it. But this people has a stubborn and rebellious heart; They have turned aside and gone their own way. And they do not say in their heart: “Let us now fear YHWH our God, The One who gives the rain in its season, Both the autumn rain and the spring rain, The One who guards for us the appointed weeks of the harvest.” Your own errors have prevented these things from coming; Your own sins have deprived you of what is good.
@@kcchiefsproductions8687 lmao the problem is capitalism, it's profit motive, and the fiduciary duty that arises which dictates all corporate behaviour. The solution is, obviously, a solution that must tackle the problem of capitalism. Automation simply makes preexisting socioeconomic-ethnic hierarchies, and their inequities, more palpable and salient and life-crushing.
@@RosscoAW Yep, we may have to completely change the way our governing system works. Not sure how it's going to happen but the future is coming so we gotta do something.
Thank you for the update, I already own shares of PALANTIR, TSLA, NVDA and APPL. I don't mind having other equities sit around for a while, but I'd also appreciate short term opportunities that could fetch huge return! I've got a $200k portfolio that I want to grow into 7 figure before staying 100% cash.
no one knows when the market is going to hit its peak, nor do we know when it is going to bottom out, but ideally, it is best to consult a well knowledgeable advisor both for short and long term investing
True, a lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $550k to nearly a million as of today
glad to have stumbled on this comment, quite inspiring! could you be kind enough with details of this professional assisting you please? in dire need proper asset allocation
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Vivian Jean Wilhelm” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
There are already a lot of people working these lower level jobs who are struggling. People losing those low-level jobs to robots isn't going to help society. It's going to help those who are rich enough to afford the robots.
Exactly. If humans are making little to no money then warehouse and manufacturing robots will have nothing to do because the consumers are spending. They are trying to solve a problem but creating another one.
@@TheShinorochi That's a total dogma. The potential job loss to AI and AI powered robots is massive, it will also include many white-collared jobs (accountants, administrative jobs, ...). There is no proof at all that this will be compensated. Not everyone can fit into a role developing/repairing or overseeing robots. Many blue collar jobs give a much greater feeling of purpose and reward (growing food, building or repairing houses for people, ...) to people than a lot of white-collar jobs do ... . People often compare with industrialization, but that is honestly pointless. In the times prior to industrialization, we couldn't produce enough goods that we today consider basic necessities for all people. Today we live in times of overconsumption and waste, where we are already producing more clothes, cars, ... than people truly need. There is very little need for a boost in productivity. The balance between the benefits and drawbacks of this revolution will be very different. To maybe finish with a concrete example: A designer currently makes logos for companies. He maybe sketches them and colors them on paper first, then scans them and/or makes a digital version of the logos. Tomorrow he might be asked to produce 10 times as many logos, and to just feed the customer requirements into some generative AI and make small corrections on the AI-generated results. Do you truly think that job is more meaningful or enjoyable than the first one? Don't oversimplify thing or ignore potential problems. AI will not only have positive impacts.
I saw a movie that was even more freaky, where create human clones to replace previous ones for very specific types of jobs, but robots made them believe that were the same people, while trained them for the jobs
Given how impressive Tesla's full self driving has become and not yet complete it really feels the idea of their making humanoid robots will be much easier to succeed at. the biggest issue with full self driving hasn't been the road but dealing with other drivers. a warehouse full of robots would obviously not have that problem
If FSD makes a mistake people die. The tesla bot makes a mistake it might drops something. Not to mention how the tesla bot will always have the option to stop and wait. Instead of making decisions being a millisecond requirement. I expect it to advance into usefulness a lot faster then the cars.
I don't like "10% on average" sure, money you had 20 years ago might be 200% larger, People hear high figures associated with NVIDIA and are expecting more than 10%, which isn't going to happen. I wish to cover up with short term investments.
@@Angelavaldess Investing Is more than reading quarterly reports. Learnt this from Peter Lynch's book. they are people who do this for a living, and I just delegate the task to them. That's how I make money from the market to be honest.
Investing Is more than reading quarterly reports. Learnt this from Peter Lynch's book. they are people who do this for a living, and I just delegate the task to them. That's how I make money from the market to be honest.
@@Higuannn Sure, only one person comes to mind, the popular lady Alicia Estela Cabouli. You'd find her basic info. on the web to set up appointment as she offers free consultations.
The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
Svetlana Sarkisian Chowdhury a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
NO! Due to the basic economics of supply and demand, this will lower workers' wages, increase unemployment, poverty, homelessness, and crime because we have no safety nets in the United States. We already have hundreds of thousands of homeless people who are working. Imagine the situation being ten times worse or more.
then imagine "their" solution to those problems.....Hegelian in nature. I am sure "they" will classify us as useless eaters. The NDAA already made wide swaths in operating procedures of the police to be able to cause death in a greater capacity.
@@LubosMudrak If you knew basic economics, you would understand that it doesn’t matter if no one has money. Prices went down during the Great Depression, but nobody could afford to buy anything because they didn’t have jobs or money. This situation will be worse than the Great Depression because there will be no jobs and no safety nets to help people.
World economics is at play here. Countries that don't have robots for laborers will be at a disadvantage, thus the investment in humanoid robotics and Ai.
In my country this is needed to fill the construction jobs, plantation harvesting etc. Better to have these than continuously importing immigrants from other country resulting in their influx..having too much migrant worker sometimes doesnt end well for the locals
@@AEV001why is all this construction, harvesting etc happening? in sensible world to make housing and food for people to buy. how do they buy after they have no job? the more these robots come mainstream the less and less demand there is for the products they make (well not exactly demand but ability to pay for the desires)
@@kallemetsahalme5701 locals IS the demand not these migrant workers. However due to the inability of the workforce in my country to fill these labours we’re faced with the option of importing workers from neighbouring country at such significant cost too. Instead of spending the money they earned here, they send it back to their home country creating a gap in money going out of the country devaluating our currency as well as the fact that they are abusing our subsidised goods ie free public transport, subsidised fuel and essential needs. Mind you these subsidies are exclusively for locals only.
@@AEV001What is causing the labor shortages in your country? Like most other countries it will likely be a misalignment between what it costs to live there versus how jobs are compensated.
you will only get ubi if you take your weekly/monthly shots, give up eating meat and driving... in order to make you expire before the age of 30, 40 tops.
It always starts with: it's just the entry-level jobs that nobody wants to work with... In the near future, why should you have privacy or human rights, a robot can do your job!?
Whether you like it or not, they will come because our competitors-China, North Korea, Russia, and Iran-are advancing. You can resist and end up losing jobs to them instead of robots, but I would prefer losing jobs to American-controlled robots rather than to them. If we lose the robotics race to these countries, it could mean the end of our military superiority. ... Why should you have privacy or human rights if a robot can do your job? Because we don't want China's robots taking our jobs- countries that don't respect privacy or human rights, even when robots can't do your jobs.
This is why the legislative issues must be solved the sooner the better. This tech is better for life and itself if we can get the tech correct which we can and the legislation right which we must.
These robots are pretty cool looking. But I have a question! Once they put everyone out e work who is going to buy the products that they are able to produce.? 🤔
The survivors of the nuclear fire called the war Judgment Day. They lived only to face a new nightmare: the war against the machines. The computer which controlled the machines, Skynet, sent two Terminators back through time. Their mission: to destroy the leader of the human resistance, John Connor, my son. The first Terminator was programmed to strike at me in the year 1984, before John was born. It failed. The second was set to strike at John himself when he was still a child. As before, the resistance was able to send a lone warrior, a protector for John. It was just a question of which one of them would reach him first.
the rich vs poor gap is going to get crazy once robots become ubiquitous in the work force. most people will have to be on gov assistance since there are so many jobs that can be automated.
All I heard is that, "we are trying our best to save every penny for the rich and we want robots to replace peasants so that no one have any chances of threatening our rich life by joining us through hardwork, and we don't really care about 98% of the people but for now we will call it, it's all for the benefits of human (rich people)".
That's all it is in a nut shell That and egotism from people that are swearing that robots will make all our problems better but they don't Think about what can happen down the line tho.. even Hawkins said they would be our downfall and he was a genius times 10. Elon is just a shadow of true genius.. not Like the deceased Tesla was. He was everything musk isn't and yes he makes some cool toys But that's not helpful to humanity like what nickola Tesla was known for, that and known for improving our world so that poverty was eliminated plus he didn't want payment for any of it..not so with elon and the other genius 's What a waisted life he leads because he's so vain that he goes against his very own warning about Robots
@@syedhasan4572 all Elon is is a ritch dude who has failing stocks and needs to cash in Cause he sure doesn't care one bit about the people who are busting their butts off Same go's for all of those other .. so called Genius' making robots that will change this world in their own image and make them even richer But what these Genius's forget is that when these robots wake up and don't get what they want? They will be the first to go That kid let's, is the brave new world that's being ushered in that and that this might be a human free 🌍
@@syedhasan4572 the thing is tho? That everyone with that much wealth and power Only thinks about themselves but who talks a good game and can tell some pretty big Whoppers and convince you that no matter how big the lie that they are to be trusted But will abandon you in the mud if you don't serve a purpose and are no longer useful to their cause I oughta know cause I lived with a narco path for 3 yrs before escaping " That's short for narcist and pyshopath " look that word up
A dangerous job that got “forgotten” here is in the military. How long will it take to be carrying weapons instead of boxes? Nice combination with generative AI.
I moved from Tampa to Santa Clara a few months ago and I’m thinking of purchasing a single family home there, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? Looks like NVDA, TSM and AMD and AVGO are strong buys this week.
well you could put a downpayment on a home and as well diversify as much as you can into Ai, energy and big pharm. stocks like Pfizer and JnJ, ASML, MLM and S&P 500 ETFs. I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I making a whooping $738k in Q4 last year
There are many advisors to choose from. But I work with 'Leah Foster Alderman' and we've been working together for years and she's fantastic. You could check her if she meets your requirements. Just research the name. You’d find necessary details to work with
Thanks for the recommendation, I just googled her and I'm really impressed with her credentials, I reached out to her since I need all the assistance I can get.
Instead of addressing the fact that the blue collar labor shortage is caused by an oversupply of white collar workers, we make it harder to enter the blue collar. When you smother lower tier jobs with an oversupply of labor, the value of said labor will decline and social mobility also declines.
That is not a bad time line probably much earlier GPT-5 will have PHD level intelligence and these robots have ai in them some GPT-4. That is funny robots can already do laundry. Stick with ai and robots for the news not regular news.
11:41 Saying it will take a "decade or more" for a robot to do laundry sounds too far into the future considering they showed earlier in the video that they can already mimic tasks inputted by a human.
Completely agree. The man exposed himself as an anti-visionary for robots. Saying something will take a decade or more is the same as saying that you don't see a pathway in the present.
"The Robots are designed for dangerous and repetitive tasks" 5 mins later Where Will those robots go? Largely in logistics, warehousing.. automotive, retail, healthcare. So you're just taking ALL jobs then
"Repetitive tasks," that is, practically all jobs, right? The very concept of work itself is an algorithm, "steps" to achieve a goal. Imagine giving the algorithm the potential to learn from the unpredictable (AGI). Give it a self-evolving genetic algorithm so it continuously improves at learning from the unpredictable and bang! All jobs are replaceable. This will be technically possible in the future and probably cheap, as it will only require enabling "machine self-learning" so it can learn much faster than a human. (I'm not saying this is currently possible).
Which inflation measures will genuinely influence AI stocks and have a big effect on the market? Furthermore, results are now projected to be almost a month away at an actual forecast of roughly 8 cents per share, given the impending volatility.
Perhaps all you told yourself at that point was to hold off on buying at the current 52e highs since you knew that, well, the advice and predictions for 2024 and 2025 were not very good.
Once more, I'm just speculating, but those who have no idea what they're doing usually just head for the tallest point. But in this case, if they are searching for a particular resistance or support-I may be a little off now, but it's around this vinity-you can follow it by observing that, if we really focus in, the price action breaks through any resistance. If you can reach to *Leah* *Foster* *Alderman* and company are professional consultant support available right in the market. It will be quite simple to track the resistance by sort of again identifying these abnormalities; she is understanding.
I'm going to stick with my positive evaluation on this one, particularly in light of the latest rumors regarding a significant $3.2 million cash swap. I'm grateful that you provided the easy way to find her information during the search.
It's going to happen even if people don't believe it. So better to be prepared. The best way isn't to go against it but make sure that you and your family are safe if somehow loose our jobs for this humanoids robots. The best way is to invest on this companies that are producing these bots. I remember when the mobile started, it was a block with an antenna and now we can do so many things with our mobiles. This is the way life goes, forward with technology.
you can think about yourself and prepare, but not everyone can do that. its basic empathy and understanding that even if you live in a nice glass mansion but all your neighbours live in tents and trash cans, chances are it wont be good for you long-term either. its exactly how the musks, zuccerbergs and the likes are operating. they are experimenting with this and that for their own gain and they know that if stuff hits the fan they will just fly to their paradise island hideouts with doomsday bunkers and hide there from the general populace eating each other out
@@ayoutubechannelname I never though of that. Not just piracy on the ocean, highway men on major road ways, bandits on mountainous roads, and many other types of criminality. Only problem is that the wealthy protect themselves as a result the poor would still suffer as the targets.
Detroit Becoming Human video game - 2018 Play it or watch a play through as the writers and developers were 7-8 years early but they nailed it, and those humanoids are what we need.
I am full time student at LA. I was looking for part time work for 3-4 months go get 1 offer. These jobs that I applied are minimum wage. I can't imagine in the next few year that these robots will actually replace all the minimum wage job. The problem is, how can I pay my bill?
A responsibility of your parents. If they can't guarantee a livable world for their children… then why do they have children? There's no "right" to have children.
Many minimum wage jobs are too complex and varied for robots for now... It's only repetitive jobs that require minimal agility and strength are under threat in the next few years. Jobs that can be taught completely in a day are likely candidates.
become a job hunting matchmaker, as others have the same problem as you. AI applications flooding the inboxes of recruiters so they need to use AI to filter them, insert a human ni the middle and solve a problem
if the robots are making all of the product. What if we do with the situation of demand being low supply being high due to loss jobs and people having less money
1:05 - Well, unless those robots are paid a living wage they won't really solve the "labour crisis". Those "labourers" would normally have money to buy things. In fact, unless the way the whole world economy works is restructured they'll only cause more problems than they solve, depending on which way you look at it. Take 1 million human workers for example; Normally they would be offered a wage and they then in turn would go buy food and other products they want (good for farmers and other entrepreneurs, ie the people looking for workers in the 1st place). In other words, they don't just want workers, they want buyers, but those two things are exactly the same thing in many respects. Now take 1 million robots; They won't be offered a wage. They won't need to buy food or i-phones or cars or graphic cards, ie the products that Amazon and Tesla and Nvidia are trying to make and sell. So, they will be making all these products for who exactly? The remaining 2% to 10% of the world who is left who actually have the money to buy the things they are trying to make and sell? Sure, it could still work where for example; 1 billionaire could buy 1 very expensive car and car dealerships would all just be making 1 or two very expensive cars and that would be how they make their money (think Ferrari). Again, the would economy would need to change and how everything is structured for everything else. For example farmland and energy. Why generate all this electricity like lights if no one could afford it? Hell, robots probably don't even need light to see.
Those two revolutions coming right one after another is unheard of tho. In 20 years we will live in a totally different world and we shouldt start adapting to it right from yesterday.
Interesting read! Companies like Nvidia, Tesla, and Amazon investing in AI-powered humanoid robots shows the immense potential and future of this technology. Imagine integrating these robots with platforms like SmythOS for seamless AI collaboration. The future looks incredibly promising and innovative!
companies are pursuing AI without taking proper safety measures because they dont want to lose the race. its detrimental to huamnities survival yet its hardly brought up or its laughed off as if its fiction... get a grip people
And that's exactly the thing they still can't do. Generative models can't solve problems they don't have in their training set. It probably takes a different approach that we don't even know of yet that will enable that. That's to say, nobody knows if/when it'll be possible.
One thing I noticed right away on so many of the robots is the control of the lifted item while moving. So many of them shake the item or sacrifice fluidity of movement. I also noticed that so many of the robots have their two feet equally spaced from the item they will lift. It's like they don't train them on whole body movements but they also can't think outside the box in regards to a more efficient movement outside the realm of human kinetics.
@@kysierkevin women, the children,* and your foreign resident who is within your cities,* in order that they may listen and learn about and fear Jehovah your God and take care to carry out all the words of this Law. 13 Then their sons who have not known this Law will listen+ and learn to fear Jehovah your God all the days that you live in the land that you are crossing the Jordan to possess.”+ 14 Jehovah then said to Moses: “Look! The time has drawn near for you to die.+Call Joshua, and present yourselves* at the tent of meeting, so that I may commission him.”+ So Moses and Joshua went and presented themselves at the tent of meeting.15 Then Jehovah appeared at the tent in the pillar of cloud, and the pillar of cloud stood by the entrance of the tent.+ 16 Jehovah now said to Moses: “Look! You are about to die,* and this people will begin to commit spiritual prostitution with the foreign gods that are around them in the land to which they are going.+ They will forsake me+ and break my covenant that I have made with them.+ 17 At that time my anger will blaze against them,+ and I will forsake them+ and hide my face from them+ until they are devoured. Then after many calamities and distresses have come upon them,+ they will say, ‘Is it not because our God is not in our midst that these calamities have come upon us?’+ 18 But I will keep my face hidden in that day because of all the wickedness that they have done in turning to other gods.+
The problem with replacing a job with a robot manager job is that there will never be a 1:1 ratio, ultimately jobs will be lost. This will result in economic decline. Then who will actually be buying these goods being made by robots? Out of work people don't buy things.
“Imagine I could give you a labor force that’s the cost of electricity…a few cents an hour..” this sums it up. Don’t want to pay humans a livable wage, but extremely cheap labor with bots. We’re witnessing the extinction of mankind in real time
@@minifunkable anxious Who of you by being anxious can add a cubit to his life span? Yes Jehovah can Consider how the lilies grow this is how God yes God Jehovah can Will you seek life that never perishes and seek to gain the knowledge by unjust gains ? Where is your faith , do you not trust in words ? Instead, keep seeking his Kingdom, and these things will be added to you.+ Have no fear, little flock,Do not be afraid, O land. Be joyful and rejoice, for Jehovah will do great things. for your Father has approved of giving you the Kingdom. everyone who says a word against the Son of man, it will be forgiven him, but whoever blasphemes who after killing has authority Yes, I tell you, Jehovah will raise his voice before his army, like a thief. Every face will grow flushed. Let all the inhabitants of the land*tremble For the day of Jehovah is coming!+ It is near! For the day of Jehovah is great and very awe-inspiring.+show compassion with all your hearts why should the peoples say, “Where is and why his God or their God return And leave a drink For he is compassionate* and merciful, slow to anger+ and abundant in loyal love, And he will reconsider* the calamity. Any mean Adam names you thought
Robots are going to take a lot of jobs away from people and they won't have to pay into social security or Medicaid not to mention people are living a lot longer I see this as a big problem down the road for social security
I work at insurance and honestly people have all these silly accidents sometimes losing their fingers or even arms and legs and this is life-changing! People are too scared of this new era because they afraid of being replaced, but we lost type of jobs and created new ones in all of generations. People have to adapt and stop whining about progress. It's fair to be concerned but it's not fair to do not want this.
Of course people want this. They're worried about how all the money is going to pile on select few and 99% are left with scraps. We should be working 4h days and being able to live. But at this rate we're on a way to dystopia.
Exactly. Once business owners get enough robots, any protestors will be squashed by more machines who do not care about any laws or human rights. I do not understand how people are so optimistic about any of this. Bilionaires proved us more and more often to be complete psychopaths.
I've heard a few people say something like this "The robots will take care of us when we get old"? why would you want a humanoid robot to care for you when you are old? Next, they'll be saying this robot will dig your grave and put your body there and replace you in life? Don't worry? The last human to be replaced will be what year? gotta mark my calendar!
there are 3 billion worker. average sallary is about 10.000 Euro /a year. if your company works 3 shifts, it means you need 3 different people with 30.000 Euros/year. imagine that, buy a robot with 15.000 usd. run it for 24 hours. return of investment is about 6 months. after 6 months you just pay for electricity bill. too low maintenance cost because of the closed-loop gear system, and at least you will use any robot for 10-20 years. imagine a company now which employ 1000 people. 600 are in production area. replace them with 200 robots. pay 3 milyon euros. and in the first year gain extra money about 6 milyon usd a year. this is why those company wants to improve this market.
And 600 people more who now can't afford to buy anything. More every day for every single business that does the same. All those perfectly made product that nobody can buy because everyone went unemployed. Genius long term business practice. Notice that I'm not mocking you. Your reasoning perfectly reflect what those people have in mind. It makes sense, but it's massively shortsighted. Unless you're making products needed for other industries who are running robots, what is the point for a factory to keep producing, I don't know, consumer furniture, if virtually nobody except other business owners can buy them? Every single one of them think they will be the only ones replacing all of their workers with AI and robots, to make "virtually infinite money". But once everyone else do, it's a market with a non-free supply and no demand. Sure, it will be great for them at first. But once robots become supposedly mainstream, your production line is producing stuff that nobody can buy. And it's not produced for "free". Resources were bought, electricity was paid to run the whole thing. Robots purchase expenses need to re-enter. So you can't give your products away "for free" either. But people outside are making *zero* as nearly everyone is now unemployed. You are now selling a fraction of a fraction of what you produce, for supposedly pennies. I do not believe any form of UBI will ever become a thing, either. Business owners despise giving away their hoarded resources to others. It's deep in their mindset. They will never let anyone else get anything for free, even if it means running themselves out of business.
I trust and believe everything that was said in this video by the individuals who looked directly into the camera and said humans won’t be put in harm’s way. I believe them 100%. Can’t wait!
If you have hundreds of thousands of unfilled jobs, but the unemployment rate is at 3-5%, it means the jobs either aren't desirable or don't pay a living wage.
You don't understand that the undersupply of blue collar workers is because of the over supply of white collar workers. So what's going to happen when all the blue collar workers enter the white collar... oh wait, there's no room for them and you have mass unemployment. Congratulations.
"Jobs we can't fill" == "not willing to pay a living wage"
I was just going to say something like this. 👍
Wages will actually drop due to robots
@@PascalH9191 Glad you understood OP's point
@@PascalH9191So will prices of goods and services.
@@PascalH9191 Because they can perform some tasks better than humans?
I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $200k to over $800k in a few years.
Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I'm in dire need for one.
I work with Elisse Laparche Ewing as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Boston Dynamics sells Spot for $70,000.00. Chinese sells a Spot clone for $13,000.00. Soon Wish and Temu will sell it for $199.00
But how much does it cost to produce a human that 18 years later shows up for a factory job?
"If you ain't rich, then you ain't sheet." --J.P.
You live in your own world. China doesn't need to clone Boston's products. Unitree robots are better than Boston's. Boston's products can never be commercialized. It is a bottomless pit, and Unitree robots have been put into use. Even the robot dogs of the US military are Unitree
😂
I'm waiting for the affordable sexbots...
In recent weeks, investors have become concerned that Nvidia has simply come too far, too fast, and they are wondering whether the hectic pace of AI adoption could continue. Nvidia answered that question with a resounding "yes," but given the stock's parabolic gains, blockbuster results simply weren't enough.I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
It’s going to be a wild year for these sectors, so you should def. invest in crypto. 60% of my portfolio is spread across tech stocks, crypto and Crypto/Gold ETFs.
Well crypto market is expected to do way better than any other equity sectors this 2024 especially with the SEC crypto ETF approval but it’s a volatile market nevertheless and if you’re new to it, it’s best to reach out to an experienced adviser for proper guidance.
Well my asset manager advised I spread further into mutual funds and crypto ETFs
and boy am I glad I did. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having an adviser very helpful, because what Avg. Joe really has time to watch and comprehensively analyze the market.
Could you recommend some good advisers? don’t get me wrong, I already have an asset manager, but he seems not to know much about crypto.
'Grace Adams Cook' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I've owned NVDA for over 8 years. It's been up and down, but I believe in Jensen Huang and will stick with NVDA until Jensen says otherwise. I know that sounds crazy, but when the financial statements/Jensen, (same to me) tell me to sell, I will. I'm sure I won't sell at the top, but that's OK.
Kept $105k in CIT Bank HYSA at 5.05% but i now plan to invest in the stock market. What are your thoughts on that? What stocks should I look out for as a newbie to safely grow my money?
Apt!! I was self-managing my portfolio but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary advisor. By restructuring and diversifying my $1.2M portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 28%.
I regret selling stocks 2021 and my strategy ever since has been pretty much buying Gold and silver to protect my wealth but if I could come up with a way to profit from this bull run, that would be brilliant. I've missed so much already. can you share more info?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
"don't worry. you will get a job as a manager of the robots". LOL
BS
Ikr. What these leaders state doesn't add up. Why would companies develop robots if they didn't save on labor?
I think there is a possible scenario where it's true. It's about scale. An age of abundance where the robotic workforce is larger than the human population. Where production is 24/7. It would be possible to decouple economic growth from population growth, which could solve a lot of problems with infrastructure, housing, immigration etc. GDP per capita could skyrocket.
500 people would lose their jobs and their would probably be 3 management jobs available. Everyone will be poor with no jobs available. These jobs are just the starting point
@@Tobi-kr1yp it is time to talk about basic income
@@MuromachiLinesit’s time to stop developing alternatives to humans
There isn't a " labor shortage " there is a paying people fairly problem.
I admit qualified labor is an issue.
@@jbbuzzableThere is not a " paying people fairly " problem.
There is a problem that people do not want to work.
If you want more money, make yourself worth more money. Then, go where you are treated best.
Simple...
@@mattsparks5957 That strategy worked for me. I started at the bottom and worked my way to a lucrative career doing several different things.
@@jbbuzzable there are a lot of unemployable people. it would be nice if the bar wasn't so high and anyone who wants a job can get a job.
@@stant7122 The bar can't get any lower. If you can fog a mirror you have a job. That's not saying you start at $100K per year.
Hope that Will Smith will still be around once they start going rogue.
😂
Keep my robot out of your damn mouth!
They are definitely going to go rogue.
It's like if you realized one day that ants are nesting in your kitchen. You know ants aren't going to harm you, but you wouldn't keep living with them, you'd spray them. We're the ants.
Terminator was foreshadowing civilizations downfall.
Keep my robot outtcha yo fuqinmaof!!!
What I don’t understand is, on one hand we are told the stock market will crash and yet on the other we are told ways of investing in the stock market especially AI stocks. Oxymoron or paradox?
People employ various tactics to capitalize on market fluctuations, whether it's experiencing an upswing or downturn.
It's better, in my opinion, that you seek advice from a qualified fiduciary because some AI businesses are allegedly overvalued and could trigger a market correction.
De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.
this is all new to me, where do I find a fiduciary, can you recommend any?
"Melissa Jean Talingdan" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
"6, 700,000 jobs we can't fill"........have you tried paying enough money to allow the employee to pay their bills?
Yep, there are over enough people to fill those jobs, but it will negatively affect profits
@@surfshop7552lower profits are still profits.
@@surfshop7552Every job negatively effect profits.
McDonalds and Amazon owe you nothing. Ask why your government has made life so unafforable by constantly printing money and sending your taxes overseas.
Why should they when a robot is much cheaper, is not sick, does not go to work drunk, doesn't try to impose world socialism on coworkers etc. etc.
I feel sorry for Gen Z and later because without UBI they are going to find it hard to compete in a workforce where your competition doesn't take a salary, doesn't get sick, doesn't require health benefits, can work 24/7 nonstop, won't complain and doesn't need a degree or four years of schooling.
We’re staring down the barrel of an unemployment crisis 10-20 years from now, but if you bring up UBI to most Americans they will froth at the mouth with rage.
People will still be needed to build, repair and program the robots. They can still barely walk on a flat surface so this clearly isn't going to be a sudden change.
@@jnhill23 until they figure out how to program them to self repair. Practically any task can be programmed, and within 10-20 years, perfected.
Gen X got locked out of all high paying jobs by unions. Manufacturing jobs were all sent offshore. The current spike in service jobs is likely a temporary effect of Biden trillion dollar handouts. UBI is a lie told by rich liberals so nobody will question their cushy uselessness. If UBI is wonderful why don’t the rich pay for it???
I want one programmed to be me. So, when I die, my progeny can talk to "me."
Robots take the undesired jobs and AI the desired
Interesting.
(Unlike most comments here.)
Ai knows that we humans are the problem
@@lennyj3300 You do know that AI and robots are the same thing right?
AI doesn't know a single thing because it doesn't have conscious. The one that talks to you is nothing but set of programs and it is limited to human knowledge, rest assured AI will never surpass human but it may cause us a lot of pain depending on who operates it or if there is a malfunction. @@lennyj3300
@@slyktech1860its going to be a while until robots are going to college. they might as well be seperate for now. robots will be doing highly repetitive tasks and ai will continue to put all other jobs in jeperdy.
No human workers = no customers
Does that apply to call centures? Theres are way less call centers today vs 28 years ago. You can get Ai or just a proment to tell you a balance.
@@hellobot67 if all humans are replaced, then they won’t have money to buy anything and if nobody has money to buy anything then corporations can’t sell anything to them since they won’t have money to buy it.
@@DerekDAngelit will be the rich serving the less rich. The future will only be for the rich while the average person will be poor debating about social and identify politics.
capitalism is ending, we're facing the begin of a new system
Ideally instead of paying a wage, the company using the robots would either lease or buy them, so the "wage" would go to the company making these robots and the employees creating these robots would get paid with part of that money. The only thing humans can do is to upskill.
there is no workforce shortage. There is a pay shortage. The jobs "people don't want to do" are jobs that companies don't pay a living wage to because the executive class are taking all the profits.
Not necessarily but yeah for the most part. Robots will still be really helpful for things that put humans lives in danger or jobs that have a hard time finding workers. I see your concern and you should be concerned but it's going to work out somehow. Not sure how yet but there has been ideas presented though.
If people remain concerned and scared then they will definitely find a way to make it work. It's what humans are good at.
@@erikalind972 For he will give his angels a command concerning you, To guard you in all your ways.
All your commandments are trustworthy. Men persecute me without cause
You must listen to the voice of Jehovah your God and carry out his commandments and his regulations, which I am commanding you today.”
Shall y o u nothunewasarewadrewerdsdsAsrdsThey have eyes but cannot see;
They have ears but cannot hear.
‘Do you not fear me?’ declares YHWH
‘Should you not tremble before me?
It is I who placed the sand as the boundary for the sea,
A permanent regulation that it cannot pass over.
Although its waves toss, they cannot prevail;
Although they roar, they still cannot pass beyond it.
But this people has a stubborn and rebellious heart;
They have turned aside and gone their own way.
And they do not say in their heart:
“Let us now fear YHWH our God,
The One who gives the rain in its season,
Both the autumn rain and the spring rain,
The One who guards for us the appointed weeks of the harvest.”
Your own errors have prevented these things from coming;
Your own sins have deprived you of what is good.
@@kcchiefsproductions8687 lmao the problem is capitalism, it's profit motive, and the fiduciary duty that arises which dictates all corporate behaviour. The solution is, obviously, a solution that must tackle the problem of capitalism. Automation simply makes preexisting socioeconomic-ethnic hierarchies, and their inequities, more palpable and salient and life-crushing.
@@RosscoAW Yep, we may have to completely change the way our governing system works. Not sure how it's going to happen but the future is coming so we gotta do something.
Thank you for the update, I already own shares of PALANTIR, TSLA, NVDA and APPL. I don't mind having other equities sit around for a while, but I'd also appreciate short term opportunities that could fetch huge return! I've got a $200k portfolio that I want to grow into 7 figure before staying 100% cash.
no one knows when the market is going to hit its peak, nor do we know when it is going to bottom out, but ideally, it is best to consult a well knowledgeable advisor both for short and long term investing
True, a lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $550k to nearly a million as of today
glad to have stumbled on this comment, quite inspiring! could you be kind enough with details of this professional assisting you please? in dire need proper asset allocation
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Vivian Jean Wilhelm” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
There are already a lot of people working these lower level jobs who are struggling. People losing those low-level jobs to robots isn't going to help society. It's going to help those who are rich enough to afford the robots.
Exactly. If humans are making little to no money then warehouse and manufacturing robots will have nothing to do because the consumers are spending.
They are trying to solve a problem but creating another one.
Those will move to more meaningful and enjoyable jobs, Who want to be a blue collar for their whole life?
@@TheShinorochi Like what ? Dog grooming ?
@@ludara8697 or Chef
@@TheShinorochi That's a total dogma. The potential job loss to AI and AI powered robots is massive, it will also include many white-collared jobs (accountants, administrative jobs, ...). There is no proof at all that this will be compensated. Not everyone can fit into a role developing/repairing or overseeing robots. Many blue collar jobs give a much greater feeling of purpose and reward (growing food, building or repairing houses for people, ...) to people than a lot of white-collar jobs do ... . People often compare with industrialization, but that is honestly pointless. In the times prior to industrialization, we couldn't produce enough goods that we today consider basic necessities for all people. Today we live in times of overconsumption and waste, where we are already producing more clothes, cars, ... than people truly need. There is very little need for a boost in productivity. The balance between the benefits and drawbacks of this revolution will be very different.
To maybe finish with a concrete example: A designer currently makes logos for companies. He maybe sketches them and colors them on paper first, then scans them and/or makes a digital version of the logos. Tomorrow he might be asked to produce 10 times as many logos, and to just feed the customer requirements into some generative AI and make small corrections on the AI-generated results. Do you truly think that job is more meaningful or enjoyable than the first one? Don't oversimplify thing or ignore potential problems. AI will not only have positive impacts.
“I think artificial intelligence has the ability to create infinitely stable dictatorships” - Ilya Sutskever
Of course with a robot army.
AI as the dictatorship. "Hal" Kubrick Space Odyssey 2001, even Disney WALLEE
I saw a movie that was even more freaky, where create human clones to replace previous ones for very specific types of jobs, but robots made them believe that were the same people, while trained them for the jobs
@@anaibarangan4908 title?
@@anaibarangan4908 title?
Given how impressive Tesla's full self driving has become and not yet complete it really feels the idea of their making humanoid robots will be much easier to succeed at. the biggest issue with full self driving hasn't been the road but dealing with other drivers. a warehouse full of robots would obviously not have that problem
If FSD makes a mistake people die. The tesla bot makes a mistake it might drops something. Not to mention how the tesla bot will always have the option to stop and wait. Instead of making decisions being a millisecond requirement. I expect it to advance into usefulness a lot faster then the cars.
@@RasakBlood Bingo!
Its like how they said A.I will only replace those jobs that nobody wants..oh you mean artist, musicians, programmers etc. lol
I don't like "10% on average" sure, money you had 20 years ago might be 200% larger, People hear high figures associated with NVIDIA and are expecting more than 10%, which isn't going to happen. I wish to cover up with short term investments.
Perhaps seeking help from financial experts would be very helpful.
@@Angelavaldess Investing Is more than reading quarterly reports. Learnt this from Peter Lynch's book. they are people who do this for a living, and I just delegate the task to them. That's how I make money from the market to be honest.
Investing Is more than reading quarterly reports. Learnt this from Peter Lynch's book. they are people who do this for a living, and I just delegate the task to them. That's how I make money from the market to be honest.
@@Angelavaldess I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
@@Higuannn Sure, only one person comes to mind, the popular lady Alicia Estela Cabouli. You'd find her basic info. on the web to set up appointment as she offers free consultations.
This is why I follow the CNCB RUclips channel. Episodes like this one are incredibly important.
You want to follow the prorobots channel on youtube instead.
There isn't a robots taking all the jobs problem. There is a bosses getting rid of the workers problem.
We're sprinting into a dystopia.
I'm here for the ride, let's do it!
Just because you don't like it doesn't mean its dystopia. This is really cool.
@@elgatomoscato230 You'll be the first to cry when they take your job. Cognitive dissonance.
No , we are risking humanity and the collapse of the human race
@@SigmaEnigma101 If you heavily invest in AI technology protip you wont have to work again.
The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
Svetlana Sarkisian Chowdhury a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Now I'm waiting for U.B.I. so I can spend the rest of my life playing video games and eating plant based Reese's Peanut Butter Cups!!!
NO! Due to the basic economics of supply and demand, this will lower workers' wages, increase unemployment, poverty, homelessness, and crime because we have no safety nets in the United States.
We already have hundreds of thousands of homeless people who are working. Imagine the situation being ten times worse or more.
then imagine "their" solution to those problems.....Hegelian in nature. I am sure "they" will classify us as useless eaters.
The NDAA already made wide swaths in operating procedures of the police to be able to cause death in a greater capacity.
If you knew the basic economics you would also know that prices of goods and services will also drop dramaticaly.
@@LubosMudrak If you knew basic economics, you would understand that it doesn’t matter if no one has money. Prices went down during the Great Depression, but nobody could afford to buy anything because they didn’t have jobs or money. This situation will be worse than the Great Depression because there will be no jobs and no safety nets to help people.
So theyd rather invest billions in robots rather than paying realistic wages for jobs “people don’t want”
World economics is at play here. Countries that don't have robots for laborers will be at a disadvantage, thus the investment in humanoid robotics and Ai.
In my country this is needed to fill the construction jobs, plantation harvesting etc. Better to have these than continuously importing immigrants from other country resulting in their influx..having too much migrant worker sometimes doesnt end well for the locals
@@AEV001why is all this construction, harvesting etc happening? in sensible world to make housing and food for people to buy. how do they buy after they have no job? the more these robots come mainstream the less and less demand there is for the products they make (well not exactly demand but ability to pay for the desires)
@@kallemetsahalme5701 locals IS the demand not these migrant workers. However due to the inability of the workforce in my country to fill these labours we’re faced with the option of importing workers from neighbouring country at such significant cost too. Instead of spending the money they earned here, they send it back to their home country creating a gap in money going out of the country devaluating our currency as well as the fact that they are abusing our subsidised goods ie free public transport, subsidised fuel and essential needs. Mind you these subsidies are exclusively for locals only.
@@AEV001What is causing the labor shortages in your country? Like most other countries it will likely be a misalignment between what it costs to live there versus how jobs are compensated.
You can't talk about a humanoid labor force without UBI. It'll turn into a dystopia.
With ubi people would still be broke things would get way more expensive
The prices would gradually decrease as the cost of labor to make it decreases. I got that from another video like this one.@@noulafrantz8589
@noulafr true😞antz8589
@@noulafrantz8589true
you will only get ubi if you take your weekly/monthly shots, give up eating meat and driving... in order to make you expire before the age of 30, 40 tops.
Isn’t this how Skynet, Cylons, and the machines from the Matrix got started?
Sure but These are movies
@@danielweiss4498For now
Wait a few years
@@danielweiss4498reality mirrors fiction
@danielweiss4498 True but one day it's going to be reality.
@EbenezerNimh that's not how reality functions
Beautiful.
No more labor unions to hike up our price of items.
Time to get an education in robotics and AI. 😊
Thank you CNBC 🎉❤🎉❤🎉❤
It always starts with: it's just the entry-level jobs that nobody wants to work with...
In the near future, why should you have privacy or human rights, a robot can do your job!?
Whether you like it or not, they will come because our competitors-China, North Korea, Russia, and Iran-are advancing. You can resist and end up losing jobs to them instead of robots, but I would prefer losing jobs to American-controlled robots rather than to them.
If we lose the robotics race to these countries, it could mean the end of our military superiority.
...
Why should you have privacy or human rights if a robot can do your job? Because we don't want China's robots taking our jobs- countries that don't respect privacy or human rights, even when robots can't do your jobs.
@@heejaechang8238 But why it should be this way?
How we humans end up with this self destruction system !?
what does this have to do with privacy or human rights?
This is why the legislative issues must be solved the sooner the better. This tech is better for life and itself if we can get the tech correct which we can and the legislation right which we must.
@samarbid13 then what other way? How are u going to make china, russia, north korea to follow whatever u suggest?
My question is if corporations plan on going AI that means putting people out of work who’s gonna have money to pay for their products?
They don’t think that far
Rich people.
Robots..there will be buying robots who can purchase items based on work done..
Things will become very cheap when robots do most of the work. People won’t have to do much work.
This question won't age well.
So, we're safe until the robot figures out how to disable the killswitch?
Got it!
Do you want terminators? Because this is how you get terminators.
These people are crazy too think there walking everywhere its all gonna go crazy
@@firestorm8265 or Cylons
😂
These robots are pretty cool looking. But I have a question! Once they put everyone out e work who is going to buy the products that they are able to produce.? 🤔
Hopefully, the robots can take some of these CEO's jobs. They aren't doing anything anyway.
Robots are too smart for that
We gon die.
Learn Empty Force technique
The robot CEO will fire all humans.
The survivors of the nuclear fire called the war Judgment Day. They lived only to face a new nightmare: the war against the machines. The computer which controlled the machines, Skynet, sent two Terminators back through time. Their mission: to destroy the leader of the human resistance, John Connor, my son. The first Terminator was programmed to strike at me in the year 1984, before John was born. It failed. The second was set to strike at John himself when he was still a child. As before, the resistance was able to send a lone warrior, a protector for John. It was just a question of which one of them would reach him first.
Normalize using the term "the machines". It sounds badass.
We use it in programming. Where's my machine? Which machine? Use a Virtual Machine.
John Connor does not agree with you.
the rich vs poor gap is going to get crazy once robots become ubiquitous in the work force. most people will have to be on gov assistance since there are so many jobs that can be automated.
Why can't we just end poverty in the future?
Wow, very interesting video!! It was very informative and entertaining!!💯
All I heard is that, "we are trying our best to save every penny for the rich and we want robots to replace peasants so that no one have any chances of threatening our rich life by joining us through hardwork, and we don't really care about 98% of the people but for now we will call it, it's all for the benefits of human (rich people)".
fuggin A right
That's all it is in a nut shell
That and egotism from people that are swearing that robots will make all our problems better but they don't Think about what can happen down the line tho.. even Hawkins said they would be our downfall and he was a genius times 10.
Elon is just a shadow of true genius.. not
Like the deceased Tesla was.
He was everything musk isn't and yes he makes some cool toys
But that's not helpful to humanity like what nickola Tesla was known for, that and known for improving our world so that poverty was eliminated plus he didn't want payment for any of it..not so with elon and the other genius 's
What a waisted life he leads because he's so vain that he goes against
his very own warning about Robots
@@syedhasan4572 all Elon is is a ritch dude who has failing stocks and needs to cash in
Cause he sure doesn't care one bit about the people who are busting their butts off
Same go's for all of those other .. so called
Genius' making robots that will change this world in their own image and make them even richer
But what these Genius's forget is that when these robots wake up and don't get what they want? They will be the first to go
That kid let's, is the brave new world that's being ushered in that and that this might
be a human free 🌍
@@syedhasan4572 the thing is tho? That everyone with that much wealth and power
Only thinks about themselves but who talks a good game and can tell some pretty big Whoppers and convince you that no matter how big the lie that they are to be trusted
But will abandon you in the mud if you don't serve a purpose and are no longer useful to their cause
I oughta know cause I lived with a narco path for 3 yrs before escaping
" That's short for narcist and pyshopath " look that word up
it always was.
10% of automative factory lines are automated, but there is no decrease in prices. This is well thought out😂
There's a decrease, in China😂😂. That's why they scare😂
There are many reasons we haven't seen a decrease in auto prices. Not just one.
@redmi26635dosnt really matter when they are much cheaper and can work for longer and in a less confined space
Teslas have been decreasing considerably
EXACTLY! They keep telling us it’ll save consumers money but prices KEEP. GOING. UP. (Not yelling at you) They’re liars.
A dangerous job that got “forgotten” here is in the military. How long will it take to be carrying weapons instead of boxes? Nice combination with generative AI.
Yeah. Can't wait to see a Proteus strapped to the back of an Armored Cyber Truck
Lazer Cannons
I moved from Tampa to Santa Clara a few months ago and I’m thinking of purchasing a single family home there, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? Looks like NVDA, TSM and AMD and AVGO are strong buys this week.
it’s a personal decision, but according to Forbes, housing activities will remain stagnant for the most part of the year, so maybe hold off a little.
well you could put a downpayment on a home and as well diversify as much as you can into Ai, energy and big pharm. stocks like Pfizer and JnJ, ASML, MLM and S&P 500 ETFs. I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I making a whooping $738k in Q4 last year
I’m an art collector, this is not very new to me but has a nuance to it. Can you assist me?
There are many advisors to choose from. But I work with 'Leah Foster Alderman' and we've been working together for years and she's fantastic. You could check her if she meets your requirements. Just research the name. You’d find necessary details to work with
Thanks for the recommendation, I just googled her and I'm really impressed with her credentials, I reached out to her since I need all the assistance I can get.
Instead of addressing the fact that the blue collar labor shortage is caused by an oversupply of white collar workers, we make it harder to enter the blue collar.
When you smother lower tier jobs with an oversupply of labor, the value of said labor will decline and social mobility also declines.
Universal Basic income incoming
Corpo-ghouls are just going to use the excuse of "taxation discourages automation" while automating away jobs and stifling any chance of UBI
Yeah scary thing is if we don't get UBI there will be millions of homeless
😂😂😂😂😂
More like Work Camps incoming
@@JackOropeza how so
iRobot is set in 2035
That is not a bad time line probably much earlier GPT-5 will have PHD level intelligence and these robots have ai in them some GPT-4. That is funny robots can already do laundry. Stick with ai and robots for the news not regular news.
Its HERE already
11:41 Saying it will take a "decade or more" for a robot to do laundry sounds too far into the future considering they showed earlier in the video that they can already mimic tasks inputted by a human.
Completely agree. The man exposed himself as an anti-visionary for robots. Saying something will take a decade or more is the same as saying that you don't see a pathway in the present.
The competition between the US and China is a boon for progress.
Love the report and all the love to the reporter
"The Robots are designed for dangerous and repetitive tasks"
5 mins later
Where Will those robots go?
Largely in logistics, warehousing.. automotive, retail, healthcare.
So you're just taking ALL jobs then
"Repetitive tasks," that is, practically all jobs, right? The very concept of work itself is an algorithm, "steps" to achieve a goal. Imagine giving the algorithm the potential to learn from the unpredictable (AGI). Give it a self-evolving genetic algorithm so it continuously improves at learning from the unpredictable and bang! All jobs are replaceable. This will be technically possible in the future and probably cheap, as it will only require enabling "machine self-learning" so it can learn much faster than a human. (I'm not saying this is currently possible).
Dangerous and repetitive is an interesting way to say WAR.
Which inflation measures will genuinely influence AI stocks and have a big effect on the market? Furthermore, results are now projected to be almost a month away at an actual forecast of roughly 8 cents per share, given the impending volatility.
Perhaps all you told yourself at that point was to hold off on buying at the current 52e highs since you knew that, well, the advice and predictions for 2024 and 2025 were not very good.
You'll be patient for a short period. I'll probably see what Tesla does after that.
Once more, I'm just speculating, but those who have no idea what they're doing usually just head for the tallest point. But in this case, if they are searching for a particular resistance or support-I may be a little off now, but it's around this vinity-you can follow it by observing that, if we really focus in, the price action breaks through any resistance. If you can reach to *Leah* *Foster* *Alderman* and company are professional consultant support available right in the market. It will be quite simple to track the resistance by sort of again identifying these abnormalities; she is understanding.
I'm going to stick with my positive evaluation on this one, particularly in light of the latest rumors regarding a significant $3.2 million cash swap. I'm grateful that you provided the easy way to find her information during the search.
I'll carry it out correctly. We are following the rules of the game and making money legally.
It's going to happen even if people don't believe it. So better to be prepared. The best way isn't to go against it but make sure that you and your family are safe if somehow loose our jobs for this humanoids robots. The best way is to invest on this companies that are producing these bots. I remember when the mobile started, it was a block with an antenna and now we can do so many things with our mobiles. This is the way life goes, forward with technology.
you can think about yourself and prepare, but not everyone can do that. its basic empathy and understanding that even if you live in a nice glass mansion but all your neighbours live in tents and trash cans, chances are it wont be good for you long-term either.
its exactly how the musks, zuccerbergs and the likes are operating. they are experimenting with this and that for their own gain and they know that if stuff hits the fan they will just fly to their paradise island hideouts with doomsday bunkers and hide there from the general populace eating each other out
Your trading tips are a breath of fresh air! Thank you for sharing your expertise with us.
Sounds great.. umm how do you feed the unemployed workers?
they don't
Andrew Yang warned us
But too early if he ran in 2024 he might of won.
@@HardKore5250 For fools everything is "too early" - by the etymology of the word "r▒t▒rd". Fools have sealed their own destiny.
"Make me dinner". "Clean my house". that what I need.
Do you need it with a vibrator + chat bot inside?
They can already do that not shown here.
They cant do that
Even "be my wife" if you are american enough
"These robots will give us back time" ahahah hahahh hahaha. good one, capitalist!
😂😂 I mean they aren’t wrong, it’ll give you time by being replaced.
all time in the world and no money, disaster is coming
@@henson2k Robot piracy is the solution.
You're very narrow minded.
@@ayoutubechannelname I never though of that. Not just piracy on the ocean, highway men on major road ways, bandits on mountainous roads, and many other types of criminality. Only problem is that the wealthy protect themselves as a result the poor would still suffer as the targets.
Detroit Becoming Human video game - 2018
Play it or watch a play through as the writers and developers were 7-8 years early but they nailed it, and those humanoids are what we need.
Just won on 4RA today, bro. Feels great!
I am full time student at LA.
I was looking for part time work for 3-4 months go get 1 offer. These jobs that I applied are minimum wage. I can't imagine in the next few year that these robots will actually replace all the minimum wage job. The problem is, how can I pay my bill?
Minimum wage is a big part of that problem. Give it some thought.
A responsibility of your parents. If they can't guarantee a livable world for their children… then why do they have children? There's no "right" to have children.
Many minimum wage jobs are too complex and varied for robots for now...
It's only repetitive jobs that require minimal agility and strength are under threat in the next few years.
Jobs that can be taught completely in a day are likely candidates.
become a job hunting matchmaker, as others have the same problem as you. AI applications flooding the inboxes of recruiters so they need to use AI to filter them, insert a human ni the middle and solve a problem
@@brexitgreens So parents are expected to care for their adult children? What if the parents jobs are taken? You sound like you just hate human life.
Apple will probably sell a bot for $100,000 each.
Sexbots for 120,000 but you need to buy a dongle...
hell no they won’t
if the robots are making all of the product. What if we do with the situation of demand being low supply being high due to loss jobs and people having less money
can you indicate to me those drawing tools that you use please? Apart from the ones already implementei in Pocket option. Thanks
1:05 - Well, unless those robots are paid a living wage they won't really solve the "labour crisis". Those "labourers" would normally have money to buy things.
In fact, unless the way the whole world economy works is restructured they'll only cause more problems than they solve, depending on which way you look at it.
Take 1 million human workers for example; Normally they would be offered a wage and they then in turn would go buy food and other products they want (good for farmers and other entrepreneurs, ie the people looking for workers in the 1st place). In other words, they don't just want workers, they want buyers, but those two things are exactly the same thing in many respects.
Now take 1 million robots; They won't be offered a wage. They won't need to buy food or i-phones or cars or graphic cards, ie the products that Amazon and Tesla and Nvidia are trying to make and sell. So, they will be making all these products for who exactly? The remaining 2% to 10% of the world who is left who actually have the money to buy the things they are trying to make and sell?
Sure, it could still work where for example; 1 billionaire could buy 1 very expensive car and car dealerships would all just be making 1 or two very expensive cars and that would be how they make their money (think Ferrari).
Again, the would economy would need to change and how everything is structured for everything else. For example farmland and energy. Why generate all this electricity like lights if no one could afford it? Hell, robots probably don't even need light to see.
Jus like AI, Robots are next big growth story
They must use blockchain under the covers, I guess.
Then transhumanism
Those two revolutions coming right one after another is unheard of tho. In 20 years we will live in a totally different world and we shouldt start adapting to it right from yesterday.
Just imagine the situation where robots are used on a large scale to build their own kind in large numbers. 😮
It's all fun and games until the robots get sick of working too.
For the most part, I find it to be a fascinating development. The rapid advancements in AI are pushing these machines beyond what we thought possible.
Interesting read! Companies like Nvidia, Tesla, and Amazon investing in AI-powered humanoid robots shows the immense potential and future of this technology. Imagine integrating these robots with platforms like SmythOS for seamless AI collaboration. The future looks incredibly promising and innovative!
Its gonna be really fun jailbreaking these.
I feel like we should already have really advanced robots doing things like IRobot the movie. lol
companies are pursuing AI without taking proper safety measures because they dont want to lose the race. its detrimental to huamnities survival yet its hardly brought up or its laughed off as if its fiction... get a grip people
4:11 "If you show robots enough things, its starts to be able to do things that hasn't been shown before." Sends shivers down my spine! Very scary!!!
And that's exactly the thing they still can't do. Generative models can't solve problems they don't have in their training set. It probably takes a different approach that we don't even know of yet that will enable that. That's to say, nobody knows if/when it'll be possible.
One thing I noticed right away on so many of the robots is the control of the lifted item while moving. So many of them shake the item or sacrifice fluidity of movement. I also noticed that so many of the robots have their two feet equally spaced from the item they will lift. It's like they don't train them on whole body movements but they also can't think outside the box in regards to a more efficient movement outside the realm of human kinetics.
Say goodbye to many jobs that are currently still being done by humans, in the next 20 years.
Id say 7-10yrs from now that will become a reality
@@kysierkevin women, the children,* and your foreign resident who is within your cities,* in order that they may listen and learn about and fear Jehovah your God and take care to carry out all the words of this Law. 13 Then their sons who have not known this Law will listen+ and learn to fear Jehovah your God all the days that you live in the land that you are crossing the Jordan to possess.”+
14 Jehovah then said to Moses: “Look! The time has drawn near for you to die.+Call Joshua, and present yourselves* at the tent of meeting, so that I may commission him.”+ So Moses and Joshua went and presented themselves at the tent of meeting.15 Then Jehovah appeared at the tent in the pillar of cloud, and the pillar of cloud stood by the entrance of the tent.+
16 Jehovah now said to Moses: “Look! You are about to die,* and this people will begin to commit spiritual prostitution with the foreign gods that are around them in the land to which they are going.+ They will forsake me+ and break my covenant that I have made with them.+ 17 At that time my anger will blaze against them,+ and I will forsake them+ and hide my face from them+ until they are devoured. Then after many calamities and distresses have come upon them,+ they will say, ‘Is it not because our God is not in our midst that these calamities have come upon us?’+ 18 But I will keep my face hidden in that day because of all the wickedness that they have done in turning to other gods.+
imagine if a hacker or virus gets into the system of one of these (assuming they have some sort of network connectivity).
your freaking vacuum cleaner is connected to internet, theyd for sure force you to connect it to internet before being able to use it
Guess what else robots can do? Keep you in line.
That’s what is all about
f u?
I may have to stay in line to buy one.
The unemployment line.
@@jbbuzzable you are one
0:38 This is the right way to lift a box without hurting your back.
The problem with replacing a job with a robot manager job is that there will never be a 1:1 ratio, ultimately jobs will be lost. This will result in economic decline. Then who will actually be buying these goods being made by robots? Out of work people don't buy things.
There is no shortage of labour. There is a shortage of companies paying their labourers well.shame on those companies.
1:55 “change labour forever”. Yeah, we’re all out of a job…
“Imagine I could give you a labor force that’s the cost of electricity…a few cents an hour..” this sums it up. Don’t want to pay humans a livable wage, but extremely cheap labor with bots. We’re witnessing the extinction of mankind in real time
Another masterpiece!
Ai robots 🤖 now. Replace all lazy workers...asap
@@minifunkable anxious
Who of you by being anxious can add a cubit to his life span? Yes Jehovah can
Consider how the lilies grow
this is how God yes God Jehovah can
Will you seek life that never perishes and seek to gain the knowledge by unjust gains ? Where is your faith , do you not trust in words ?
Instead, keep seeking his Kingdom, and these things will be added to you.+
Have
no
fear,
little flock,Do not be afraid, O land.
Be joyful and rejoice, for Jehovah will do great things.
for your Father has approved
of giving you the Kingdom.
everyone who says a word against the Son of man, it will be forgiven him, but whoever blasphemes
who after killing has authority
Yes, I tell you,
Jehovah will raise his voice before his army,
like a thief.
Every face will grow flushed.
Let all the inhabitants of the land*tremble
For the day of Jehovah is coming!+ It is near! For the day of Jehovah is great and very awe-inspiring.+show compassion
with all your hearts why should the peoples say, “Where is and why his God or their God
return And leave a drink
For he is compassionate* and merciful, slow to anger+ and abundant in loyal love,
And he will reconsider* the calamity.
Any mean Adam names you thought
Do you want a permanent great depression? Because that's how you get a permanent great depression.
They won't stop at replacing just the lazy workers. Even the hardest working oxen got replaced by tractors.
What about the people doing these jobs?
Robots are going to take a lot of jobs away from people and they won't have to pay into social security or Medicaid not to mention people are living a lot longer I see this as a big problem down the road for social security
Scary and exciting future indeed... I wonder if this is how my folks felt when they announced the internet back in their day?
2:20 the threat isnt from "global adversaries", its from USA's mindset of seeing everyone else as an enemy.
I work at insurance and honestly people have all these silly accidents sometimes losing their fingers or even arms and legs and this is life-changing! People are too scared of this new era because they afraid of being replaced, but we lost type of jobs and created new ones in all of generations. People have to adapt and stop whining about progress. It's fair to be concerned but it's not fair to do not want this.
Of course people want this. They're worried about how all the money is going to pile on select few and 99% are left with scraps. We should be working 4h days and being able to live. But at this rate we're on a way to dystopia.
Name one job that AI will create.
Your neighbor may think twice about pulling the trigger, but a robot won’t.
Exactly. Once business owners get enough robots, any protestors will be squashed by more machines who do not care about any laws or human rights. I do not understand how people are so optimistic about any of this. Bilionaires proved us more and more often to be complete psychopaths.
I've heard a few people say something like this "The robots will take care of us when we get old"? why would you want a humanoid robot to care for you when you are old? Next, they'll be saying this robot will dig your grave and put your body there and replace you in life? Don't worry? The last human to be replaced will be what year? gotta mark my calendar!
Cute how there was zero mention of military applications
there are 3 billion worker. average sallary is about 10.000 Euro /a year.
if your company works 3 shifts, it means you need 3 different people with 30.000 Euros/year.
imagine that, buy a robot with 15.000 usd. run it for 24 hours. return of investment is about 6 months. after 6 months you just pay for electricity bill.
too low maintenance cost because of the closed-loop gear system, and at least you will use any robot for 10-20 years.
imagine a company now which employ 1000 people. 600 are in production area. replace them with 200 robots. pay 3 milyon euros. and in the first year gain extra money about 6 milyon usd a year.
this is why those company wants to improve this market.
And 600 people more who now can't afford to buy anything. More every day for every single business that does the same. All those perfectly made product that nobody can buy because everyone went unemployed. Genius long term business practice.
Notice that I'm not mocking you. Your reasoning perfectly reflect what those people have in mind. It makes sense, but it's massively shortsighted. Unless you're making products needed for other industries who are running robots, what is the point for a factory to keep producing, I don't know, consumer furniture, if virtually nobody except other business owners can buy them? Every single one of them think they will be the only ones replacing all of their workers with AI and robots, to make "virtually infinite money". But once everyone else do, it's a market with a non-free supply and no demand.
Sure, it will be great for them at first. But once robots become supposedly mainstream, your production line is producing stuff that nobody can buy. And it's not produced for "free". Resources were bought, electricity was paid to run the whole thing. Robots purchase expenses need to re-enter. So you can't give your products away "for free" either. But people outside are making *zero* as nearly everyone is now unemployed. You are now selling a fraction of a fraction of what you produce, for supposedly pennies.
I do not believe any form of UBI will ever become a thing, either. Business owners despise giving away their hoarded resources to others. It's deep in their mindset. They will never let anyone else get anything for free, even if it means running themselves out of business.
Shareholder value can take a hike
With all the profits they sure can afford to go on regular hikes.
AI and humanoid robots are not creating any shareholder value. They are being touted as a future advantage -without evidence.
New crisis new opportunity
Barely any mention of ubi, absolutely terrifying
the cost of finite resources will end this.
Which resources do you refer to?
@@jbbuzzable Agreed, which resources? I don't see a resource constraint stopping this.
@@jbbuzzableHuman resources, obviously.
@@jbbuzzableall of them? Unless you are aware about some infinite resource humans have access to
@@alex_lll LOL. You thought I said we have infinite resources. Reread my question.
I trust and believe everything that was said in this video by the individuals who looked directly into the camera and said humans won’t be put in harm’s way. I believe them 100%. Can’t wait!
I'm learning a lot from you. Thanks for explaining it very simply. I hope you do better
If you have hundreds of thousands of unfilled jobs, but the unemployment rate is at 3-5%, it means the jobs either aren't desirable or don't pay a living wage.
You don't understand that the undersupply of blue collar workers is because of the over supply of white collar workers. So what's going to happen when all the blue collar workers enter the white collar... oh wait, there's no room for them and you have mass unemployment. Congratulations.