Friday, July 29, 2011
I predict that within 10 years or less autonomous vehicles will be here. Nevada, lobbied by Google, has already passed laws directing their DMV to regulate autonomous vehicles. The next great age will be the age of robotics. Agriculture is currently about 2% of the US GDP - with AI robots it will go down to 0.2%. Manufacturing is about 20-30% of the economy - robots will bring this down to 2%. The service economy is currently close to 80% and it will be reduced to 8%. The big question is what will fill the gap? Perhaps human theater troops in every neighborhood. Or simply bored, roman-like humans eating grapes while robots do all the work.