From Yahoo Finance, January 23:
With AI talks raging along the promenade in Davos for the World Economic Forum, Dr. Doom is sounding the alarm bells on humanoid robots.
"The big breakthrough right now is the evolution of humanoid robots that essentially follow individual workers on the factory floor, on a construction site, even a chef in a restaurant or a housekeeper. It's terrifying, but it's happening in the next literally year or two," said Nouriel Roubini said on Yahoo Finance's Opening Bid podcast (video above; listen below).
Roubini — known as Dr. Doom for his bleak economic forecasts — said human jobs will be lost to humanoids.
"Instead, a LLM (large language mode) learns about everything in the world, the entire internet follows your job or my job or anybody else's job in a few months, then learns everything that a construction worker, factory worker, any other service worker can do, and then can replace them. And I think that it's going to be a revolution — it's going to affect blue-collar jobs like we've never, ever seen before."
The humanoid robot market could reach $7 trillion by 2050, Citi research recently found....
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