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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 399.01+0.1%Dec 19 4:00 PM EST
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To: Mary Cluney who wrote (9927)10/9/2006 10:40:59 AM
From: Seeker of Truth  Read Replies (2) of 218621
 
"Using robots or whatever." 45 years ago when I was in the environment of the first robots and now ,the situation is the same. We are still far away from producing robots that can recognize what they are looking at and manipulate the object(s) sensibly so as to manufacture anything. Robot vision is still a dream. It's something like nuclear fusion as a source of energy. There is some difference. Nuclear fusion as a source of energy may not ever be achieved whereas the robots with hand-eye coordination will surely come, but not anytime soon. Chinese labour will be useful from all levels, i.e. illiterate to experienced graduate engineer or Ph.D. Chemistry researcher. They are all cheaper than the corresponding US worker. The difference in cost will not disappear in our time.
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