u/69-Kishaaq1

I suppose trading on margin is great; but the spectre of margin call is a turn off. Don't know how others deal with margin calls. To me, if there are alternatives out there, I rather route for the alternatives!

Am I the only one? What are the advantages?

Just curious!

I was of the opinion props do 100% but it looks like they don't; saw one doing 40-60%? 20-80%?

Some perhaps 5-95%?, though I think that can't happen.

Just curious what others are going for?

Of course population is a huge factor; the US is close to 400mln folks & that is ten times that of Canada.

If you are a business owner in the US, you are looking at facing nearly 400mln customers, but if you are a business owner in Canada, your customers are ten times less - putting aside balkanized(if I can put it that way), products & services offering in the marketplace. Some folks won't ever need your products and/or service.

That said, what would be the average weath in the US vs Canada? Ideally, in Canada, it should be ten times less but is it?

Chinese are way ahead on AI, humanoids/robots.

But if the target for humanoids is for looking after elderly folks, how safe would that elderly care be or look like exactly? Supposing a humanoid, for whatever reasons, maybe a glitch in it LLM reservoir, planted its face down hard on an elderly person its supposed to look after, wouldn't that translate into instant death?

Of course even human care, I mean nurses aren't exactly squeaky clean! We have seen videos of nurses abusing elderly folks in nursing homes. Such abuse can easily result into an elderly person dying. But to use humanoids is a whole new ball game imho.

Don't know about you. But isn't it full of risks?

How can I upt a stop to the posts?

Humanoids & robots are new arrivals into the workforce.

But its kind of tricky where they belong; do you think they are best classified as workers, or just mere machines?

The classification is critical because if they are workers, then wouldn't they have to pay taxes? Why would a human worker pay taxes but not a humanoid that qualifies as a worker too? Obviously, things would become tricky at this point as humanoids wouldn't be in position to file their tax return.

And if they have to file their tax return, the question becomes, who collects/pays, the amount credited or owing, after a tax assessment for the new class of workers is concluded?

The state or the owner?

Your thoughts?

Humanoids replacing humans from work?

Technologies have always, since the birth of invention, helped humanity progress; but that is because the technologies that were invented thus far were only in aiding humanity in its struggles to conquer its environment, feed itself & live in relative peace and security not just from wild animals, but also from hostile members, including the elements; the technologies were tools for mankind to use in his daily toils for survival, otherwise the tools can lie idle for eternity.

And therefore by so doing, humanity progresses forward, economically. Over the years humanity has accumulated tremendous amount of wealth due to the technologies. Long distances have been conquered, by vehicles, trains, airplanes, & so forth. In the northern cold winter, folks can live in relative safety from harsh weathers; houses and heating systems have made life livable in cold places. People can drive themselves to & from work, sometimes in very terrible weather conditions, relatively safely because of technologies. Farms & industrial machines have gone a long way to churn out foods humanity rely on; talk less of medical & education fields.

The list is long.

So, without technologies, all the above plus more wouldn't have been possible; humanity would have still been hunting & gathering from what nature offers in abundance.

It’s now the era of AI!

Before AI, there was the Internet. However, the Internet was & still is, just like any other machines mankind has built & has been using thus far; just tools to get things done without overworking oneself & also, getting them done faster. AI is not different; AI is also a tool that helps humanity achieve the same goal faster & efficiently. But when AI is packaged into a humanoid or a robot, the reality changes; the AI in a humanoid or robot becomes an independent, autonomous tool capable of performing tasks on its own. All that it needs are the prompts to trigger a humanoid or a robot into action. So, even if human inputs are critical, there is a level of autonomy in these gadgets & that changes everything.

So at this stage, even humanoids & robots are on the one hand, tools, and on the other, autonomous machines capable of performing duties independently though human supervisions are required and at all times. A critical question then arises: Will the state of humanoid & robot change?

It’s highly unlikely the state of these autonomous machines will change; not anytime soon at least, & most definitely never. And this is because humanoids & robots won't ever become conscious. And there isn't anything that can be done to make them conscious! A dog is conscious because it has blood running through its veins & therefore can listen to its owner & can do what its owner commands it to do – within its ability; but cannot hold a conversation. The advantage of a humanoid over a dog however is, the humanoid can perform certain functions that only human can perform, because of its mechanical arms & hands. But at this stage a humanoid cannot hold conversations too just like a dog. But this might change, & that means humanity may in future deals with humanoids capable of holding lengthy conversation even if consciously they wouldn’t, as mere machines trapped in human morphology, know what they maybe conversing about.  

That said however, AI, humanoids and robots’ effects on humanity are quite evidently going to be both negative and positive. Negative in the sense, many jobs will be lost, as the technologies take over a good chunk, driving poverty to a higher level. By losing jobs & lacking incomes, humanity would become worse off. But the technologies also have lots of positives to bring onto the table. For instance, it reduces workloads from the shoulders of humanity – workers becoming less stressed due to workloads. It appears to help speed up inventions of say, new drugs; not only that, surgeries are now, it seems, being performed faster & efficiently; medical diagnosis is easier, faster & efficient too due to AI. We have autonomous driving vehicles on the streets today thanks to AI! That means possibly reduced rate of accident & deaths on the streets due to human errors.

These plus more are the positives of these technologies. But how will the wealth distributions pan out?

Just like technological advances before them, AI, humanoid, & robot, would bring tremendous wealth to humanity. The real beneficiaries however, would most definitely be the owners of these technologies; ordinary man and woman of society wouldn’t benefit unlike in the cases of past inventions like productivity machines: Tractors, Computers, Faxes, printers, industrial conveyor belts, combustion engines, hand held tools, and so forth. These machines could only be used by humans as one performs his/her work; & for those who have access, the machines enable them create wealth. In the case of AI, humanoids & robots that operates independently or autonomously, wealth creation by the technologies would clearly be skewed; the technologies would skyrocket wealth for the rich & powerful on the one hand, and deepen and widen poverty for the poor ordinary man & woman. But, maybe I am wrong in my assessment.

Nonetheless, let me know what you think if you don’t mind.     

Technological development has always brought wealth.

If you go back in history, you would notice this. Each new tachnological milestone has produced trememdous wealth for huamnity; generally, all societies worldwide, one could conclude, benefitted from each & every technology known to man.

Today we have AI, giving birth to humanoids and robots.

My question: Would this new technological milestone produce wealth for all societies? Or there would be the ultra-beneficies and those that would only feed on crumbs of it?

Your thought?

P.S: this is a serious question; So, you need to think through it meticulously, like your life depends on it!

Called it a store or whatever you fancy, but don't you think humanoids would need a place to spend their night in?

I am sure those places already exist currently & they are known as warehouses. But as societies advance, don't you agree humanoids would at some point, have to own their own, individual apartment, skeleton as the apartments may be?

First, if there is need to make money, that is one idea that can rake in gazillion dollars! Humanoids residential apartments doesn't sound that bad in the ears of capitalists! Second, I doubt many folks would want to store, nay, live with a humanoid in their house/apartment; for, a wire can snap, or there could be a glitch in the promp into its LLM reservoir & all hell would break lose in the house/apartment.

So, it would be better to have the things live separately in a different, perhaps, their own apartments.

Your thoughts?