AI is a double edged sword saves companies money but if no good paying jobs left or jobs period where you going to have the consumers to spend money on these AI companies. Huge loss of human jobs.
1 out of every 3 Americans does a gig job. Guess what ?? Uber Waymo Tesla all rolling out driverless cars so there goes millions of driver jobs and zero money being spent into the economy as 1 out of 3 Americans goes bankrupt and homeless..
Then trucking and mining jobs follow millions more jobs lost…
In an open-pit mine owned by Taiwan Cement Corp at Jurong in eastern China's Jiangsu province, CiDi deploys a fully electric driverless mining fleet that Hu said "has been operating around the clock for 600 days".
"The labour (cost) savings are probably up to 95%," Hu said, adding an unmanned mining truck could save up to three drivers on an eight-hour shift per day.
The added investment in equipping the mining trucks with an intelligent and autonomous system can pay off in just 18 months, and the return could be much faster in higher-labour cost economies such as Australia, said Ma Wei, co-founder and vice chairman of CiDi.
Forecasting a $100 billion global market in autonomous trucking in closed-loop industrial applications by 2030, the autonomous trucking unicorn, with partners in Saudi Arabia and Indonesia, believes it can keep a "double-digit" share of the global market for autonomous mining deployments.
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