Posts Tagged
‘Robotics’

Whatever commoditized robots can produce is no longer profitable; rather, the production destroys capital. Yesterday I discussed how robots only do work that’s profitable, as any enterprise buying, programming and maintaining robots to do unprofitable work will soon be out of business. What few observers seem to grasp is that automation goes through two distinct […]

Dec 10, 2017

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by: admin

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Tags: Robotics

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Categories: Alternative Media, Science

Robots are only cost-effective in the narrow niches of commoditized tasks. To reach a more realistic understanding of the economics of robots, let’s return to author Peter Drucker’s maxim: enterprises don’t have profits, enterprises only have expenses. In other words, from the outside, it looks as if businesses generate profits as a matter of course. […]

Dec 08, 2017

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by: admin

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Tags: Debt, Robotics

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Categories: Alternative Media, Government, Market Commentary, Science

Scientists at the Massachusetts Institute of Technology and Harvard University have created inexpensive, artificial muscles that enable robots to lift 1,000 times their weight. The project was financed by the Defense Advanced Research Projects Agency (DARPA), the National Science Foundation and the Wyss Institute for Biologically Inspired Engineering. Scientists describe the soft-robotic breakthrough as a […]

Dec 03, 2017

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by: admin

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Tags: Robotics

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Categories: Alternative Media, Blogosphere, Economy, Education, Science

Elon Musk just gave people a powerful and eerie visual related to his belief that Artificial Intelligence (AI) could usher in a SkyNet style apocalypse where the machines take over and kill us all. In a talk given last July, Musk said, ‘I keep sounding the alarm bell but until people see robots going down […]

Nov 27, 2017

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by: admin

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Tags: FAA, Military, Robotics, Twitter

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Categories: Alternative Media, Blogosphere, Government, Science

Saudi Arabia has just become the first country to grant citizenship to a robot. It’s a little ironic, considering the country just recently allowed women to drive. Sophia, the humanoid produced by Hanson Robotics, spoke at the recent Future Investment Initiative. Sophia has said in the recent past that it would ‘destroy humans,’ when prompted […]

Oct 26, 2017

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by: admin

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Tags: Riyadh, Robotics, Saudi Arabia

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Categories: Alternative Media, Blogosphere, Science

Would you trust a robot to rock your baby to sleep? *** The question likely elicits the chilling vision of a Terminator cradling your child. However, a new product – the Snoo – is, in fact, an automated crib, a high-tech bassinet perfectly calibrated to ‘swaddle’ infants and lull them into slumber. It’s an early […]

Sep 14, 2017

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by: admin

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Tags: Robotics

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Categories: Alternative Media, Blogosphere, Science

Today is Labor Day, a difficult day to celebrate now that American labor has been cast aside and US jobs offshored and given to foreigners. The remainder of the jobs is slated to be replaced by robotics. Friday’s payroll jobs report was full of bad news. Full-time jobs declined by 166,000. The meager 156,000 new […]

Sep 04, 2017

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by: admin

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Tags: Robotics

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Categories: Alternative Media, Science

Employers have no choice: it’s innovate/automate or die. Automation–networked robotics, software and processes–has already had a major impact on jobs. As this chart from my colleague Gordon T. Long illustrates, the rise of Internet technologies is reflected in the steady, long-term decline of the labor force participation rate– the percentage of the populace that is […]

Jun 22, 2017

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by: admin

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Tags: Robotics

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Categories: Science

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