James Vincent

I mean, what is that person going to do when a robot replaces them in, I don't know, 10 years?

Let me just say, I'm very sympathetic to that.

I really do have a lot of concerns about the humans in this world and workers in particular.

And I don't think robots are out to steal their jobs.

And by the way, I think that's an old fear that people have about immigrants.

And they now attach that to robots.

I think that the bigger question is that we want machines to be able to do things to increase productivity.

There's a lot of reasons where that's really desirable and many, many companies want it.

Actually, what seems to happen historically is that as new technologies come in, like the car,

We thought it would wipe out all the blacksmiths, for example, but it turns out that actually it produced many more jobs, just new jobs, like jobs like building roads and fixing cars and selling cars, making cars.

The unemployment rate has stayed relatively constant over the past century through all these inventions, the airplane, the TV, the computer, the internet.

So I'm not an economist, but I'll just say, coming back to why we want robots,

It is something that we would love to have more capabilities.

And there's been some changes in the last few years that make people more excited than they were before.

Help us understand why it's going to take so long.

I mean, why do we have maybe self-driving cars already, but not humanoid robots that can competently pick up a glass?

Okay, good.

So let's talk about that.

One thing is that self-driving cars, remember, it's taken 20 years to get to the point of feasibility, and it still may not be cost-effective yet.

The reason it's a lot easier is that there you just essentially want to avoid hitting anything.