Craig Scroggie
👤 SpeakerAppearances Over Time
Podcast Appearances
Yeah, I mean, the question of universal basic income certainly discussed globally at the moment around what the future of artificial intelligence may mean for reshaping jobs.
But that's knowledge work.
I mean, physical work.
The biggest shortage we've got right now for all the chippies and plumbers and electricians and everybody else out there, there's thousands of them in demand.
So I don't think while we're building infrastructure, the requirement for new jobs and certainly existing ones that go to develop
the technologies, it's greater than it's been at any other point in time before.
The salaries for chiffies and electricians and plumbers is probably higher than we've seen at any other point in time in recent history.
Well, what I know for sure after being a public company CEO for 15 years is share prices go up and down.
The question about what happens with AI impacting share prices or values certainly seen a lot of immediate reactions to AI affecting the software industry itself and SaaS companies have been impacted.
because the way the technology works is AI can talk to another AI without the human.
And it does that through a thing called an MCP.
It's a model context protocol.
You use connectors for systems to talk to other systems.
So if the human no longer needs the SAS interface and the computers can talk to each other, that's a whole new layer of automation that we hadn't previously had access to.
Yeah, I think all these questions, Alan, are good questions.
I'm not sure that there's any clear answers for these things, but we'll certainly, you know, deal with them over time.
Physical or embodied AI.
So to that point, we're just starting to see, if you look at companies who are developing robots for enterprise and factory work, and you look at companies that are producing them for the home.
So FIGA is a company that's producing a fully autonomous AI and embodied AI, physical AI.
Yep, Tesla, Elon Musk is doing this.