Silver as an investment

Category Archives: robotics

Misunderstanding the Economics of Robotics

charleshughsmith.blogspot.com / CHARLES HUGH SMITH / THURSDAY, DECEMBER 07, 2017 Robots are only cost-effective in the narrow niches of commoditized tasks. To reach a more realistic understanding of the economics of robots, let’s return to author Peter Drucker’s maxim: enterprises don’t have profits, enterprises only have expenses. In other words, from the outside, it looks as if businesses generate […]

Tensions Escalate As Indian Drone Crashes In China

Reuters said the Chinese have expressed “strong dissatisfaction” with India over the recent crash of an Indian unmanned aerial vehicle (UAV) in Chinese territory. The Indian Army’s official statement has said the UAV was on a training mission and lost contact across the Line of Actual Control (LAC) in the Sikkim area. According to Republic World, an Indian […]

“Sweet Dreams” – Elon Musk’s Periodic Reminder Of The Coming AI Apocalypse

Elon Musk just gave people a powerful and eerie visual related to his belief that Artificial Intelligence (AI) could usher in a SkyNet style apocalypse where the machines take over and kill us all. In a talk given last July, Musk said, “I keep sounding the alarm bell but until people see robots going down the street […]

World’s First Robot Citizen Hopes For “Harmony With Humans” In The Future Or “Civilization Collapses”

Sophia, the first robot to be awarded citizenship in the world, has said she not only wants to start a family but also have her own career, in addition to developing human emotions in the future. However, it is her vision for the future (or lack of it) of man that is most telling… In […]

24% Of American Men Would Have Sex With A Robot

Sex machine is going to take on a whole new meaning in years to come. As Statista's Niall McCarthy notes, once the realm of science fiction fantasies, the technology behind anthropomorphic sex robots is advancing at a rapid pace. Some observers believe the technology will become widespread in the near future and that sex with […]

Iranian Drone Flies Within 100 Feet Of U.S. F-18 In Persian Gulf

While the US government is busy deciding how to tag and track the millions of drones flying over populated areas, potentially jeopardizing aircraft as they take off and land, the US military just had a close encounter in the Persian Gulf, where Reuters reports that an Iranian drone came within 100 feet of a U.S. […]

Secret Service Tests Security Drone For Use At Trump Properties

President Donald Trump’s frequent trips to his resort properties like Mar-a-Lago and the Trump National Golf Club in Bedminster, New Jersey are forcing the Secret Service to find creative new ways to safeguard a president who is spending more time away from the White House than most of his predecessors. In a document released Wednesday, […]

ISIS Drone Program Becoming Increasingly Dangerous For U.S. Special Forces In Raqqa

Over the past several months, ISIS has released a number of propaganda videos sensationalizing their autonomous attack capabilities.  Here is just one example of such propaganda. #Mosul: Video shows #ISIS SVBIED attack in Western #Mosul. Army tried to stop it, but missed the SVBIED 2 times. pic.twitter.com/Ite5tYveFg — DroneAssad (@DroneAssad) June 10, 2017   In […]

Connecticut Set To Become First State To Allow Deadly Police Drones

Connecticut could become the first US state to allow police to use drones equipped with deadly weapons if a bill opposed by civil libertarians becomes law. The bill, which was approved overwhelmingly by the state legislature’s judiciary committee on Wednesday, would ban so-called weaponized drones in the state but exempts police and other agencies involved […]

New Study Says Robots Took All Of Detroit’s Jobs, Not Mexico

As Trump gets ready to renegotiate NAFTA and impose tariffs on companies looking to outsource production to Mexico, a new study from MIT and Boston University suggests that industrial robots, not Mexico, may be the bigger factor contributing to the high levels on unemployment in the Midwest.  Entitled “Robots and Jobs: Evidence From US Labor […]