If robots halve in cost every 10 years, and at the same time 10x in functionality and accuracy, then in 10-15 years, they will be paid less than most people on the planet for the same amount of work.
If robots halve in cost every 10 years, and at the same time 10x in functionality and accuracy, then in 10-15 years, they will be paid less than most people on the planet for the same amount of work.
Maybe not washing dishes, laying bricks or constructing houses, but there will always be work. Things will continue to get cheaper (and better), but they will always take _some_ human effort to make. (And we'll always find new things we want.)
There are several billions worth of investor capital that will need to be repaid first, plus whatever equity stake the founders choose to award themselves with.
See ants, which can figure out to dig holes and decompose everything. They know how apply minimum amount of pressure to cut leaves, they know how to choose the right angle to cut animal muscle and even wood, they know to cooperate and survive floods, and so on. It is no wonder they have the most brain-weight/body-weight than any other animal on the planet.
Excluding the processing unit, any robot part will be so cheap and available that no one will need permission of capitalist monsters to obtain.