In my view, these guys understand that their investments, these huge investments, will make them even richer and more powerful than they are right now. In fact, as some economists have pointed out, These investments [in AI and robotics] will result in significant labor cost reductions as AI and robotics replace tens of millions of human workers. But it's not just economics. When we talk about our quality of life, Economics is important, but there are other things as well. (08:20–09:09)
CLAIM
Asserts that AI and robotics investments will lead to significant labor cost reductions by replacing tens of millions of workers.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
