Elon Musk predicts 10 billion humanoid robots by 2040, each costing under $20,000. Nick Perry argues this will eliminate low-wage jobs since robots working for electricity costs beat humans earning $40,000 yearly. He urges people under 40 to develop irreplaceable skills now.
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By 2040, there will be more humanoid robots on Earth than people, and they'll cost less than a used car. That's Elon Musk on stage saying it, and he's the one actually building them. Now, 10 billion robots, and the human population is 8 billion. So machines outnumber us. So when a $20,000 robot can do anything a person can do, every job paying less disappears. Because no business owner pays you $40,000 a year when a machine does the same work for free, never calls in sick, never asks for a raise. But 2040 is 15 years away, which means if you're under 40, you'll live in this world. So you either figure out what you can do that a robot can't, or you compete with a machine that never sleeps and works for the cost of electricity. Follow for more, because the people who see this shift early are the ones who survive it.