I appreciate your forward thinking perspective : Reality Engineers is brilliant , and very logical, especially when there is No more Jobs. Elon even stated that we all will have to rethink what our purpose will be in life and rediscover what it means to be fulfilled. Keep making these kinds of thought provoking and serious videos. I’m currently at 1190 Shares and counting. See you guys in the future
I understand but disagree. Gave up on your industrial complex 30 years ago. Society defines you by your job and your money. I value good people who are willing to reproduce and raise children as the greatest asset of humanity. Jobs and wealth can be stolen while the true value to humanity has been lost in the industrial age. Oh, before you go wacko, I’m trained as an economist, run multiple businesses and am in the top percent of wealth. Ask someone and they will tell you my value to humanity is not measured in title or money. I will not survive the transition but will attempt to help others make the journey. ❤
I don’t fully understand your point - do you think there will be jobs in the future that will generate income for people (other than reality engineering) ? Babies are very important , in case that’s your point. I made three videos about it
@oggyoggy1299 They have less value. They are not carrying on the human species. They effectively will be ending their family line and millions of years of evolution in the making. Your life and potential offspring should be cherished and nurtured. Especially if they are of European descent.
Very good intel here. Reality engineers seems to me like from a science fiction novel. But since Im a huge fan of SciFi, I now know that these authors are the OG Reality Engeneers. So I completly agree with Jo. Lets make it happen.
I've spent some time thinking about how I would motivate myself in a post-scarcity world. I have settled on the idea that health will become the new wealth. People, including myself, will use the time they would have previously used in their careers to invest in health and longevity. In short, six-pack abs will become the post-scarecity version of the Ferrari.
I am a shareholder as well, but a much more modest north of 300, and counting. I like your perspective on the future development of civilization in networking minds. After all, we are only as good as the sum of our minds. I look forward to more content on the subject
An incredibly important video with concepts that need to be discussed more widely. The Maslow hierarchy of needs is arguably served well, maybe better than physical work..
Great video, great breakdown. I’ve been living this (albeit I’ve not broken my life and actions down as succinctly). 2025 is all about asset accumulation for me.
I am a modest Tesla shareholder - my question is when the future becomes saturated with Optimus bots and human labour gets slowly replaced, how will governments collect income tax if there is a big reduction in human labour. Do you see a taxation being applied to Bot owners to compensate.
There will be major disruptions to the economy and tax income. Ot depends on the country. My prediction is that high tech countries will be massive beneficiaries (Germany, South Korea, japan) because skilled Labour is their #1 obstacle. These countries will generate enormous wealth through corporate taxes that might offset the drop off in income taxes. And then, if we generate enough reality engineers , they will all make millions in capital gains, which is also taxed (and probably a lot in short term capital gains which is regular income). So, countries that have the IP and sophistication in their population to transition into large scale reality engineering will be more than fine. The losers will be low skilled countries ; they will have a major problem
Wild ideas. Interesting theory. Some wise thoughts. Respect to you and your experience. The reality is, you can't possibly have enough understanding of the world to predict the conditions we will have, even in the next 3-5 years. Leaders can make decisions that change the history of a nation or of the world. Wars can happen. Pandemics. Economic conditions can change based on many variables. There are some things we can predict, but there is always risk due to vast unknown factors.
@@Alakay77 of course there is always risk in predictions. The art is to minimize risk and maximize predictive accuracy, including timelines and accuracy - ant treat it as an engineering problem. The stock market is the first great target , with TSLA being my favourite tool. By increasing predictive accuracy, we can generate alpha and aggregate capital - and most importantly, hone our predictive and reality simulation skills
If there’s so much abundance, what’s the incentive for currency to even exist anymore? If the robots are doing everything, including building and maintaining themselves what’s the point in being greedy for money? Who needs to be paid the robots?
The point of greed is that it’s hard coded into the human DNA. The owners of the robots and of the entities that engineer reality will keep their money and try to make more. Capital actually becomes even more important in labor abundance, because it is now as important as current capital and labor combined. Capital will be redistributed through value growth, pro-rated according to contribution, and this contribution will be reality engineering
@@jobhakdiI have no comfort hoping to be among the fortunate few who can afford the grace from the greedy robot owners ! I think a progressive social democracy might be a better investment !
@@rubytuby6369 it’s an interesting question, the exchange of goods and services is driven by the coincidence of wants and needs. If basic needs are met a currency will still be required for unreproducible experiences and rare objects of historical significance etc.
Currency will still be needed to buy goods and services. If one wishes to buy a home, they will need money. If one wishes to go on a vacation or travel, they will need money. If one wishes to buy a robot, they will need money. Elon projects that there will come a day where everyone will be able to live comfortably on a universal income generated by the progression of technology. Will that ever happen? If so, when? Questions that are currently impossible to answer. Theoretically, if technology allows everyone to receive a comfortable universal income, it should allow everyone to eat, live, and thrive without needing to worry about the exchange of money, but my expectation is that there will always be those who want more than what others have, thereby keeping currency around. My big question or concern is this: If technology allows everyone to earn a comfortable universal income without having to work, what will the driving force be in peoples lives? At some point, it is reasonable to expect AI to develop to the point where it can continue to advance on its own, thus no longer needing human input. Humans will still be needed to insure that technology continues to function in the best interest of humanity, and with the amount of technology to manage that should still require a fair amount of people. When one can live comfortably without working, currency will come into play to incentivize people to work hard when they won’t otherwise need to. Just some additional thoughts on a very uncertain and potentially dicey future.
@@jobhakdiIs that justification? You make it sound like this type of excess greed is natural and acceptable. Don’t try to normalize excessive greed, it’s not helping society. Eventually excessive greed won’t help the wealthy either because living in a society where people want to “eat the rich” will probably not be pleasant.
It's interesting that I started my path on this journey 5 years ago. I'm at a mixture of stages 1 to 3 at the moment. I leveraged my professional expertise in Science & Engineering to own the companies that are driving the shift to the end of human labor starting in 2019. That investment took a few years to ROI thanks to the pandemic but that black swan allowed me to accumulate those critical companies at a faster rate. Major alpha exploitation. I bought more Nvidia & Tesla due to the price suppression created by the pandemic. I see price suppression as a gift to multiply accumulation rate of fundamentally strong assets like Tesla, Nvidia & Sofi all 3 managed to over perform in 2024 & 2024 will be significantly better. Right now is the most important time in history to be as fully invested as possible. The next 5 years are going to be mind blowing. 💸💸💸💸💸💸💸💸
Figure 03 looks like it may be a slightly lesser version of Optimus and it will take a portion of the market but importantly it will help in developing the regulatory, ethics, and safety environment that is required to integrate the robots.
Hi Jo, great content. Really enjoying your insights into the Automation Future ahead of us. Qq, what other predictions have you made that have come to fruition? I know you were able to predict the outcome of the US elections with sharp accuracy but i'm just wondering if you have any other examples of this? Thanks for the content.
What concerns me are the angry hordes will see in the streets, when Optimus threatens, or outright takes, their jobs. How quickly can we convince them that "technology will create new jobs for you"? What will they live on until such jobs materialize? I dislike the welfare state, but Trump, Elon, and many others in gov't had better come up with a plan for that, ie Universal income. And Soon.
Jo, I appreciate this thought-provoking video. I am looking forward to sharing it with my two sons who are in college. They are both concerned about choosing career paths that have a lower probability of being disrupted by AI and Robotics. I believe that the concepts you have outlined will be helpful and encouraging to them. Thanks much!
December 31, 2024 TSLA closing price 403.84 (431?); you must have made the video a few days ago. We may go through a rough spell here, but it too shall pass. The future is bright.
you still need humans to manage the robots, i. e., the laborers. I can't imagine that the robots will be able to manage themselves and other robots, within just five years. It would be many many years after that.
Haha how did you know there is a stage zero ? Well, all we can do is 1) point it out 2) five everyone a path to work up the stages . If they don’t do it, we can’t help. It’s going to be a tough world and the key is to provide a path. Everyone has some money to start investing.
If you dont have a job, you dont have money to invest. Even if you had some to invest, you don't have the luxury to let your investment grow over a long period. You need to cash out frequently to pay to live.
It’s all about the numbers and having a good framework. For example , assuming 50%+ annual returns in average from now to 2030+, and then the goal to generate alpha over this - if you have 100k, you make 50-100k returns. Obviously, at this level, some sort of income would be very valuable, but it shows you not need millions of $ for escape velocity, be sure the capital gains are exponential and far beyond normal market returns because of the robots
What is the average IQ? Even if everyone had capital, most people cannot be effective in predicting the future and directing their capital, neither now nor in the future.
Thanks but I don’t buy in. 1) please substitute Futurist for Reality Engineer 2) use your economics skills to predict how society will function without labour costs (50% to 80% of a organisation’s cost)
Because the stock market is in cycles can you express how the natural cycles expansion, peak, recession, and recovery will affect your spreadsheet calculations? Is the possible recession already factored into your calculations?
Tesla currently employs very few plumbers. If all labor will be replaced by Tesla Bots, who will train Tesla Bots to be plumbers? A robot plumber will need to be able to use a wrench and a screw driver and a hammer. And as important, will have "know" which tool to apply for each circumstance. So in order replace plumbers with robots, plumbers will need to train robots. It took over a BILLION DRIVER MILES and a super computer to get FSD to its current state of proficiency. How many videos will it take to train a robot to be a master plumber? The same can be said about miners and electricians and carpenters and welders and mechanics ... Our society is built a on very complex infrastructure. If just 2 or 3 of those pillars fail (i.e. failure of the power grid), our society will quickly return to the stone age. I agree that a major shift is about to occur in the state of labor. Whether that change will be a disaster or a success will depend on the wisdom with which its implemented.
I saw this is 2019 and decided to become a massage therapist even though my technical aptitude is off this scale. Why? Because I think it is much more Ai/Robotics proof that what I was doing before that.
I like your objective, no nonsense approach to the future we face and must embrace Jo, the world is full of cry babies who still think Tesla is a car company and that EV’s are a fad that will die out! Tony Seba opened my eyes to the amazing possibilities of a world of super abundance and I immediately switched my diverse stock portfolio to being all in on Tesla and Microstrategy…I believe my £1.5m portfolio will be worth 10 times that within 5 years!
With great respect, though I agree that AI will dramatically affect us sociologically, the reality is that we live in a quantum universe, and regardless of our best laid plans and intentions, they almost never come through as planned. There are too many variables at play to predict the future with any degree of certainty. It is said that if you want to make God laugh, make plans. Instead, I would take another quote from a well known TH-cam stock trading channel; "Patience, React, Don't Predict", for as Isaac Newton famously stated after losing his life savings that "The market may remain erratic longer that you can stay solvent.", arguably his 'Fourth Law".. Therefore, new UNFORESEEN opportunities will arise. Eventually we learn to roll with the punches. What you propose may very well and hopefully come to pass in many ways, it is logical, but we won't know until things begin to shift. Still, I like your ideas as they certainly hold water.
Yes, agree . Jo's reality and reality itself may not align... Deo volente. Elon is having great fun playing in God's sandpit and I'm having great fun too 😅
@@John_arc I think that is the point, the robot will not self destruct! In the beginning they will only support by doing simple tasks, they would learn through general intelligence and through a transitional phase become complete essential care givers. Humans will simply provide emotional support from the sidelines
Haha I hear you , I have seen it! Healthcare will also soon become much better because of reality engineering. We will get empowered to actually fix complex systems :)
@@jobhakdi in relation to heath system using robots, my spider senesces tell me however that we are likely to get resistance from elites who get comfort from a multi tear system, it gives them power over others! They have deliberately given ordinary people the system we have in my view. Given the heath system can be easily fixed through efficacy and prioritisation and has never been fixed leads me to believe it’s not an accident ! So the geopolitical issue comes to play and we can see that playing out on the world stage at the moment
As a Physician standpoint, I see it happening. Robots (Da Vinci) already assist with surgery. With good enough manual dexterity a robot will eventually replace all of us in healthcare. It may not be in the next 5 years, but one has to be wise enough to know it is coming. Robots do not experience burnout like we do in healthcare, and that is its true advantage.
I'm most excited about healthcare where bots will radically improve healthcare. Nurses, doctors will breathe a sigh of relief and the tax payer @@jobhakdi
In fact the idea of reality engineer is extremely appealing and is closely associated to an idea meritocracy system where the best and most productive ideas win out the resources available. Sign me up Jo, let’s go on this journey and build a community.
The vast majority of people will not take your advice and will be adversely affected. Governments around the world, with the possible exception of China, have no idea what is coming. Right now they should be crafting how to support the population through this change. If the govt doesn't get in front of this there will be mass riots that dwarf anything that has ever come before. The military will have to step in as job losses mount. The govt will either fall all together or will stupidly try to outlaw robotic labor assigning the country to be a non-competitive backwater. I predict a major stock market crash if this scenario plays out. Owning stocks may not give you alpha in this scenario. It is therefore crucial to avoid this by instigating proactive govt policies that will kick in automatically as robotic labor numbers rise. The public will know it has a safety net and options to fulfill their needs.
Firstly Marx interestingly predicted that capitalism would end in a crisis of automation, and he may well be right. Who would buy things in a fully automated world? What money would they have to pay if they can't earn anything? As the shareholders only get paid out from money people spend on their products but if no one has any income then they can't spend? Secondly you're thinking of a future where AI is so smart it can be a rocket scientist and brain surgeon at the same time, with all the skills of all subspecialties of those fields, but it can't do reality engineering better than you? You think that it knows more than 100,000 mathematics professors but our insights will somehow have value at that point?
Reality engineering is not just a skill question, it’s also a power question. We won’t allow AI to control the full reality engineering cycle , that would be complete suicide and will not happen. Part of reality engineering is to imagine the future we want (goal and target state setting), then devise the capital deployment and engineering other; and oversee / steer the execution. ASI will be very important in this process, but can never replace humans - because at the core is target state definition, which happens at human discretion
@@jobhakdi Presumably if you had an ASI though the best thing is to set your goals and boundaries and then ask it for the plan of how to do it? It will be much better at coming up with plans than us and then we can approve or not? It's like if you had a friend who is a professional engineer and you want a bridge to exists the easiest thing is to tell them to do everything, the second easiest thing is to ask them for a complete plan, and the least effective thing is to try and learn yourself.
As a Tesla shareholder, this does not scare me.
If China's economy collapses or we get into a cyber or hot war with them, tsla will tank. That's my biggest fear.
I appreciate your forward thinking perspective : Reality Engineers is brilliant , and very logical, especially when there is No more Jobs. Elon even stated that we all will have to rethink what our purpose will be in life and rediscover what it means to be fulfilled. Keep making these kinds of thought provoking and serious videos. I’m currently at 1190 Shares and counting. See you guys in the future
1190? Damn, that's sweet. Super-happy for you, dude.
M working at Tesla and at around 300 shares hoping to get more. I’m here for the journey n love they way you thinking 🧐
Great video! Thanks Jo. Happy, healthy, prosperous new year 🎊 🎉
I understand but disagree. Gave up on your industrial complex 30 years ago. Society defines you by your job and your money. I value good people who are willing to reproduce and raise children as the greatest asset of humanity. Jobs and wealth can be stolen while the true value to humanity has been lost in the industrial age. Oh, before you go wacko, I’m trained as an economist, run multiple businesses and am in the top percent of wealth. Ask someone and they will tell you my value to humanity is not measured in title or money. I will not survive the transition but will attempt to help others make the journey. ❤
I don’t fully understand your point - do you think there will be jobs in the future that will generate income for people (other than reality engineering) ? Babies are very important , in case that’s your point. I made three videos about it
Beautifully said.
So you don’t value people with no children?
@oggyoggy1299 They have less value. They are not carrying on the human species. They effectively will be ending their family line and millions of years of evolution in the making. Your life and potential offspring should be cherished and nurtured. Especially if they are of European descent.
deductive faux pas
Very good intel here.
Reality engineers seems to me like from a science fiction novel. But since Im a huge fan of SciFi, I now know that these authors are the OG Reality Engeneers. So I completly agree with Jo.
Lets make it happen.
I've spent some time thinking about how I would motivate myself in a post-scarcity world.
I have settled on the idea that health will become the new wealth. People, including myself, will use the time they would have previously used in their careers to invest in health and longevity. In short, six-pack abs will become the post-scarecity version of the Ferrari.
I am a shareholder as well, but a much more modest north of 300, and counting. I like your perspective on the future development of civilization in networking minds. After all, we are only as good as the sum of our minds. I look forward to more content on the subject
An incredibly important video with concepts that need to be discussed more widely. The Maslow hierarchy of needs is arguably served well, maybe better than physical work..
Great video, great breakdown. I’ve been living this (albeit I’ve not broken my life and actions down as succinctly). 2025 is all about asset accumulation for me.
I am a modest Tesla shareholder - my question is when the future becomes saturated with Optimus bots and human labour gets slowly replaced, how will governments collect income tax if there is a big reduction in human labour. Do you see a taxation being applied to Bot owners to compensate.
There will be major disruptions to the economy and tax income. Ot depends on the country. My prediction is that high tech countries will be massive beneficiaries (Germany, South Korea, japan) because skilled Labour is their #1 obstacle. These countries will generate enormous wealth through corporate taxes that might offset the drop off in income taxes. And then, if we generate enough reality engineers , they will all make millions in capital gains, which is also taxed (and probably a lot in short term capital gains which is regular income). So, countries that have the IP and sophistication in their population to transition into large scale reality engineering will be more than fine. The losers will be low skilled countries ; they will have a major problem
I don’t know how this will pan out globally, but it could get very ugly :/
Wild ideas. Interesting theory. Some wise thoughts. Respect to you and your experience. The reality is, you can't possibly have enough understanding of the world to predict the conditions we will have, even in the next 3-5 years. Leaders can make decisions that change the history of a nation or of the world. Wars can happen. Pandemics. Economic conditions can change based on many variables. There are some things we can predict, but there is always risk due to vast unknown factors.
@@Alakay77 of course there is always risk in predictions. The art is to minimize risk and maximize predictive accuracy, including timelines and accuracy - ant treat it as an engineering problem. The stock market is the first great target , with TSLA being my favourite tool. By increasing predictive accuracy, we can generate alpha and aggregate capital - and most importantly, hone our predictive and reality simulation skills
How will the bots be cleaned?
By….bots?
No one can predict this because if it happens there will be change we cannot foresee
thank you JO. It is clear for me now.
I have reached the nr 1 stage.
Keep up your EXCELLENT work. You are verbalising my thoughts, and beyond. Hyper intelligent!
If there’s so much abundance, what’s the incentive for currency to even exist anymore? If the robots are doing everything, including building and maintaining themselves what’s the point in being greedy for money? Who needs to be paid the robots?
The point of greed is that it’s hard coded into the human DNA. The owners of the robots and of the entities that engineer reality will keep their money and try to make more. Capital actually becomes even more important in labor abundance, because it is now as important as current capital and labor combined. Capital will be redistributed through value growth, pro-rated according to contribution, and this contribution will be reality engineering
@@jobhakdiI have no comfort hoping to be among the fortunate few who can afford the grace from the greedy robot owners ! I think a progressive social democracy might be a better investment !
@@rubytuby6369 it’s an interesting question, the exchange of goods and services is driven by the coincidence of wants and needs. If basic needs are met a currency will still be required for unreproducible experiences and rare objects of historical significance etc.
Currency will still be needed to buy goods and services. If one wishes to buy a home, they will need money. If one wishes to go on a vacation or travel, they will need money. If one wishes to buy a robot, they will need money. Elon projects that there will come a day where everyone will be able to live comfortably on a universal income generated by the progression of technology. Will that ever happen? If so, when? Questions that are currently impossible to answer.
Theoretically, if technology allows everyone to receive a comfortable universal income, it should allow everyone to eat, live, and thrive without needing to worry about the exchange of money, but my expectation is that there will always be those who want more than what others have, thereby keeping currency around.
My big question or concern is this:
If technology allows everyone to earn a comfortable universal income without having to work, what will the driving force be in peoples lives? At some point, it is reasonable to expect AI to develop to the point where it can continue to advance on its own, thus no longer needing human input. Humans will still be needed to insure that technology continues to function in the best interest of humanity, and with the amount of technology to manage that should still require a fair amount of people. When one can live comfortably without working, currency will come into play to incentivize people to work hard when they won’t otherwise need to.
Just some additional thoughts on a very uncertain and potentially dicey future.
@@jobhakdiIs that justification? You make it sound like this type of excess greed is natural and acceptable. Don’t try to normalize excessive greed, it’s not helping society. Eventually excessive greed won’t help the wealthy either because living in a society where people want to “eat the rich” will probably not be pleasant.
It's interesting that I started my path on this journey 5 years ago. I'm at a mixture of stages 1 to 3 at the moment. I leveraged my professional expertise in Science & Engineering to own the companies that are driving the shift to the end of human labor starting in 2019.
That investment took a few years to ROI thanks to the pandemic but that black swan allowed me to accumulate those critical companies at a faster rate. Major alpha exploitation.
I bought more Nvidia & Tesla due to the price suppression created by the pandemic. I see price suppression as a gift to multiply accumulation rate of fundamentally strong assets like Tesla, Nvidia & Sofi all 3 managed to over perform in 2024 & 2024 will be significantly better.
Right now is the most important time in history to be as fully invested as possible.
The next 5 years are going to be mind blowing. 💸💸💸💸💸💸💸💸
Figure 03 looks like it may be a slightly lesser version of Optimus and it will take a portion of the market but importantly it will help in developing the regulatory, ethics, and safety environment that is required to integrate the robots.
Hi Jo, great content. Really enjoying your insights into the Automation Future ahead of us.
Qq, what other predictions have you made that have come to fruition? I know you were able to predict the outcome of the US elections with sharp accuracy but i'm just wondering if you have any other examples of this?
Thanks for the content.
What concerns me are the angry hordes will see in the streets, when Optimus threatens, or outright takes, their jobs. How quickly can we convince them that "technology will create new jobs for you"? What will they live on until such jobs materialize? I dislike the welfare state, but Trump, Elon, and many others in gov't had better come up with a plan for that, ie Universal income. And Soon.
is there an online channel we can all go to to talk about becoming a reality engineer?
Skynet comes online
Jo, I appreciate this thought-provoking video. I am looking forward to sharing it with my two sons who are in college. They are both concerned about choosing career paths that have a lower probability of being disrupted by AI and Robotics. I believe that the concepts you have outlined will be helpful and encouraging to them. Thanks much!
That’s wonderful - especially for people in college and in their twenties this is very important
In 30 years, the housing, stock and bond markets will fade away.
December 31, 2024 TSLA closing price 403.84 (431?); you must have made the video a few days ago. We may go through a rough spell here, but it too shall pass. The future is bright.
Yeah I recorded this on Sunday or Monday
you still need humans to manage the robots, i. e., the laborers. I can't imagine that the robots will be able to manage themselves and other robots, within just five years. It would be many many years after that.
Most people will stay at stage zero 🤷🏼♂️🤷🏼♂️🤷🏼♂️🤷🏼♂️ what happens to them and how many of those people will there be ?
Haha how did you know there is a stage zero ? Well, all we can do is 1) point it out 2) five everyone a path to work up the stages . If they don’t do it, we can’t help. It’s going to be a tough world and the key is to provide a path. Everyone has some money to start investing.
If you dont have a job, you dont have money to invest. Even if you had some to invest, you don't have the luxury to let your investment grow over a long period. You need to cash out frequently to pay to live.
It’s all about the numbers and having a good framework. For example , assuming 50%+ annual returns in average from now to 2030+, and then the goal to generate alpha over this - if you have 100k, you make 50-100k returns. Obviously, at this level, some sort of income would be very valuable, but it shows you not need millions of $ for escape velocity, be sure the capital gains are exponential and far beyond normal market returns because of the robots
You don’t need a job . Just go to the bank or your parents and get $100,000 and buy Tesla stock . Easy peasy 😂
How soon?
Companies profit is going down since ordinary people become poor and can't pay much for the companies products
What is the average IQ? Even if everyone had capital, most people cannot be effective in predicting the future and directing their capital, neither now nor in the future.
Thanks but I don’t buy in.
1) please substitute Futurist for Reality Engineer
2) use your economics skills to predict how society will function without labour costs (50% to 80% of a organisation’s cost)
Because the stock market is in cycles can you express how the natural cycles expansion, peak, recession, and recovery will affect your spreadsheet calculations? Is the possible recession already factored into your calculations?
Those who already have will be given ....
I love your videos and I love BoomerMama!
Tesla currently employs very few plumbers. If all labor will be replaced by Tesla Bots, who will train Tesla Bots to be plumbers? A robot plumber will need to be able to use a wrench and a screw driver and a hammer. And as important, will have "know" which tool to apply for each circumstance. So in order replace plumbers with robots, plumbers will need to train robots.
It took over a BILLION DRIVER MILES and a super computer to get FSD to its current state of proficiency. How many videos will it take to train a robot to be a master plumber?
The same can be said about miners and electricians and carpenters and welders and mechanics ...
Our society is built a on very complex infrastructure. If just 2 or 3 of those pillars fail (i.e. failure of the power grid), our society will quickly return to the stone age.
I agree that a major shift is about to occur in the state of labor. Whether that change will be a disaster or a success will depend on the wisdom with which its implemented.
There will be new tools & new methods to do things easier. Plumbers will fade as AI takes over.
…. This video confused the hell out of me.
Am I a reality engineer? Am I a reality engineer with 200 stocks of Tesla?
I saw this is 2019 and decided to become a massage therapist even though my technical aptitude is off this scale. Why? Because I think it is much more Ai/Robotics proof that what I was doing before that.
What?
I like your objective, no nonsense approach to the future we face and must embrace Jo, the world is full of cry babies who still think Tesla is a car company and that EV’s are a fad that will die out! Tony Seba opened my eyes to the amazing possibilities of a world of super abundance and I immediately switched my diverse stock portfolio to being all in on Tesla and Microstrategy…I believe my £1.5m portfolio will be worth 10 times that within 5 years!
With great respect, though I agree that AI will dramatically affect us sociologically, the reality is that we live in a quantum universe, and regardless of our best laid plans and intentions, they almost never come through as planned. There are too many variables at play to predict the future with any degree of certainty.
It is said that if you want to make God laugh, make plans. Instead, I would take another quote from a well known TH-cam stock trading channel; "Patience, React, Don't Predict", for as Isaac Newton famously stated after losing his life savings that "The market may remain erratic longer that you can stay solvent.", arguably his 'Fourth Law"..
Therefore, new UNFORESEEN opportunities will arise. Eventually we learn to roll with the punches. What you propose may very well and hopefully come to pass in many ways, it is logical, but we won't know until things begin to shift. Still, I like your ideas as they certainly hold water.
Utter nonsense.
Yes, agree . Jo's reality and reality itself may not align... Deo volente. Elon is having great fun playing in God's sandpit and I'm having great fun too 😅
As a Nurse standpoint, goodluck replacing us. The robot would self destruct with how toxic the hospital workplace is 😆
@@John_arc I think that is the point, the robot will not self destruct! In the beginning they will only support by doing simple tasks, they would learn through general intelligence and through a transitional phase become complete essential care givers. Humans will simply provide emotional support from the sidelines
Haha I hear you , I have seen it! Healthcare will also soon become much better because of reality engineering. We will get empowered to actually fix complex systems :)
@@jobhakdi in relation to heath system using robots, my spider senesces tell me however that we are likely to get resistance from elites who get comfort from a multi tear system, it gives them power over others! They have deliberately given ordinary people the system we have in my view. Given the heath system can be easily fixed through efficacy and prioritisation and has never been fixed leads me to believe it’s not an accident ! So the geopolitical issue comes to play and we can see that playing out on the world stage at the moment
As a Physician standpoint, I see it happening. Robots (Da Vinci) already assist with surgery. With good enough manual dexterity a robot will eventually replace all of us in healthcare. It may not be in the next 5 years, but one has to be wise enough to know it is coming. Robots do not experience burnout like we do in healthcare, and that is its true advantage.
I'm most excited about healthcare where bots will radically improve healthcare. Nurses, doctors will breathe a sigh of relief and the tax payer @@jobhakdi
In fact the idea of reality engineer is extremely appealing and is closely associated to an idea meritocracy system where the best and most productive ideas win out the resources available. Sign me up Jo, let’s go on this journey and build a community.
I don't believe that the Far Left of the Democratic Party in the United States will like this Idea of the future....But, I LOVE IT!!!!
Oh I see I’ll put my $100 into stock and in ten years it will be 5000,00 and then I can pay my parking ticket 😂
You're not saying anything new. What youre describing ultimately is called: oligarchy.
The vast majority of people will not take your advice and will be adversely affected.
Governments around the world, with the possible exception of China, have no idea what is coming. Right now they should be crafting how to support the population through this change.
If the govt doesn't get in front of this there will be mass riots that dwarf anything that has ever come before. The military will have to step in as job losses mount. The govt will either fall all together or will stupidly try to outlaw robotic labor assigning the country to be a non-competitive backwater.
I predict a major stock market crash if this scenario plays out. Owning stocks may not give you alpha in this scenario. It is therefore crucial to avoid this by instigating proactive govt policies that will kick in automatically as robotic labor numbers rise. The public will know it has a safety net and options to fulfill their needs.
I think closer to 8 years but its coming.Tesla and bitcoin all the way
Firstly Marx interestingly predicted that capitalism would end in a crisis of automation, and he may well be right. Who would buy things in a fully automated world? What money would they have to pay if they can't earn anything? As the shareholders only get paid out from money people spend on their products but if no one has any income then they can't spend?
Secondly you're thinking of a future where AI is so smart it can be a rocket scientist and brain surgeon at the same time, with all the skills of all subspecialties of those fields, but it can't do reality engineering better than you? You think that it knows more than 100,000 mathematics professors but our insights will somehow have value at that point?
Reality engineering is not just a skill question, it’s also a power question. We won’t allow AI to control the full reality engineering cycle , that would be complete suicide and will not happen. Part of reality engineering is to imagine the future we want (goal and target state setting), then devise the capital deployment and engineering other; and oversee / steer the execution. ASI will be very important in this process, but can never replace humans - because at the core is target state definition, which happens at human discretion
@@jobhakdi Presumably if you had an ASI though the best thing is to set your goals and boundaries and then ask it for the plan of how to do it? It will be much better at coming up with plans than us and then we can approve or not?
It's like if you had a friend who is a professional engineer and you want a bridge to exists the easiest thing is to tell them to do everything, the second easiest thing is to ask them for a complete plan, and the least effective thing is to try and learn yourself.
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