> robots will initially be used to rake in more cash for their owners.
And as long as regulators maintain a competitive marketplace, the plummeting in costs to operate a business will result in lower prices. Labor is the largest cost for most businesses, and businesses that take advantage of new automation typically use it to undercut their competitors prices.
And as long as regulators maintain a competitive marketplace, the plummeting in costs to operate a business will result in lower prices. Labor is the largest cost for most businesses, and businesses that take advantage of new automation typically use it to undercut their competitors prices.