FLBear5630 said:
ATL Bear said:
Solving the power problem is the long term hurdle of advanced Ai and broad adoption. The short term problem is trust and monetization. As a simple example, the much ballyhooed use of robotics and automation in auto manufacturing hasn't been the boon it was projected to facilitate, and in fact margins over the last 10 years have declined and the future looks flat at best even as technology advances. This plagues even more modern entrants such as Tesla. These type of economic realities belie the theory of a "low or zero" cost future.
Not only that, but they are costing the general market out of their product. All this great tech and automated production has driven the average cost of a vehicle to 50k. Cost of housing is at record highs.
Recent personal experience, we were going to trade in my truck, walked out when they showed us the finance terms, we will keep what we have paid off. I am not exactly a Dave Ramsey disciple, I would say I am more on the cash flow side of the equation than the pay cash for everything. If I am not interested in it, then there will be about 60% of the population that won't even go in the door.
This is where misguided policy is failing us. We're focused on bringing jobs back around manufacturing. We are falling further behind in the type of advanced manufacturing that does create efficiencies and massive production gains. From a recent WSJ article:
https://www.wsj.com/tech/ai/ai-robots-china-manufacturing-89ae1b42?st=Bmuv3h&reflink=article_copyURL_share" China installed 295,000 industrial robots last year, nearly nine times as many as the U.S. and more than the rest of the world combined, according to the International Federation of Robotics. China's stock of operational robots surpassed two million in 2024, the most of any country.
Of 131 factories and industrial sites recognized by the World Economic Forum globally for lifting productivity through cutting edge technologies such as AI, 45 are in mainland China, while three are in the U.S."
We are over regulated and burdened by legacy perspectives of labor and manufacturing while China and other countries are moving quickly toward the technology focused production models of the future.