If wages go up to $20 an hour, then maybe there is general inflation and robotics goes up to $200 an hour. In the world today we have cheap labor and expensive energy. That is why automation is not replacing humans. Look into the history of the British industrial revolution.
If wages go up to $20 an hour, then maybe there is general inflation and robotics goes up to $200 an hour. In the world today we have cheap labor and expensive energy. That is why automation is not replacing humans. Look into the history of the British industrial revolution.