Did Boston Dynamics Get Jealous After Spotlight On Tesla’s Optimus Robot?

Less than a day after Tesla CEO Elon Musk made bold claims at the Future Investment Initiative Conference in Saudi Arabia, touting big AI growth in the coming years, which is only suggestive of powerful tailwinds for his Optimus robot, Boston Dynamics—once the leader in viral humanoid robot videos—published a clip on YouTube on Wednesday morning showcasing its robot performing typical warehouse tasks usually carried out by workers in Amazon distribution centers.

Maybe a bit of jealousy is unfolding between Boston Dynamics and Musk’s Optimus robot, which has received a lot of attention in October – from the We, Robot event on October 10 to Musk’s comment at the event in Saudi Arabia on Tuesday:

“I think by 2040, probably there are more humanoid robots than there are people. Every country will have an AI or multiple AIs, and there will be a lot of robots, way more robots than people.”

Back to the We, Robot event, where Musk said Optimus will cost less than $30,000 and forecasted that the humanoid robot will be the company’s most popular product in the years ahead… 

Maybe all this attention on Optimus provoked Boston Dynamics to release a video of its bipedal humanoid robot, Atlas.  

Here’s more from Boston Dynamics:

Atlas is autonomously moving engine covers between supplier containers and a mobile sequencing dolly. The robot receives as input a list of bin locations to move parts between.

Atlas uses a machine learning (ML) vision model to detect and localize the environment fixtures and individual bins [0:36]. The robot uses a specialized grasping policy and continuously estimates the state of manipulated objects to achieve the task.

There are no prescribed or teleoperated movements; all motions are generated autonomously online. The robot is able to detect and react to changes in the environment (e.g., moving fixtures) and action failures (e.g., failure to insert the cover, tripping, environment collisions [1:24]) using a combination of vision, force, and proprioceptive sensors.

Suppose robots and AI are forecasted to lead to millions of job losses in the years ahead. Then why did Democrats facilitate the greatest migrant invasion this nation has ever seen with low-skilled, unvetted illegal aliens when many of those jobs are likely to be automated away? Ah, yes, it’s all about the votes.

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Originally Posted at; https://www.zerohedge.com//


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With Or Without Tariffs, The US Dollar Is A Ponzi

With Or Without Tariffs, The US Dollar Is A Ponzi

Via SchiffGold.com,

With soaring deficits, soaring debt, and interest payments that can only be made by issuing a debt-based currency on which even more interest will be due, the USD can only possibly be described as an elaborate nation-state level bankster Ponzi scheme. 

Dollars are backed by debt, which requires infinite economic growth to service. 

Without constant inflation to erode the debt’s value, transferring wealth from savers to the government and bankers, it all falls apart. 

Without new borrowers to sustain current spending, it all falls apart.

Without a petrodollar system where the USD is no longer the world reserve currency, and other countries no longer are forced at gunpoint to use dollars, it all falls apart.

Just as a Ponzi scheme collapses when enough investors lose confidence in it, because there’s no underlying value and not enough new suckers to pay back previous waves of investors, the USD collapses under the same scenario.

And while I see the surface-level, superficial appeal of president-elect Donald Trump’s plan to replace the income tax with tariffs, there’s (at least) one very big problem. We’re in a country that, for decades, hasn’t had a manufacturing base, making the economic viability of the plan incredibly questionable. Even if it somehow worked, it wouldn’t solve the problem of the world’s largest economies being based on glorified, state-sanctioned Ponzi schemes.

Until we revert back to dollars that are pegged to something of real value, like gold, the scam will continue. And it’s gone on for so long that tremendous economic pain is now a prerequisite for weaning ourselves off of it. Just as a Ponzi scheme collapsing harms everyone unlucky enough to be involved, the unwinding of the petrodollar USD Ponzi will hurt every American and, indeed, people all around the world as it reels under the chaos of the realization that the dollar was hollow all along, and the line of new suckers to buy US debt has officially dried up.

Total Public Debt, U.S.

With 10-year Treasury yields rising and major pressure on interest rates to go higher, the Fed and Trump are desperate to keep them low. But at $35 trillion, our debt bomb isn’t going away, and the deficit isn’t going anywhere. A heavier interest payment burden and QE are going to blow the USD Ponzi balloon bigger and bigger, so the only question will be when it pops.

Painful as the explosion will be, it’s unavoidable and necessary, and will only be more severe the longer the Ponzi goes on. Just as more investors get hurt, and more spectacularly so, when a Ponzi is able to grow larger, the US dollar collapse will be more painful the longer the can is kicked down the road. This reset will be an opportunity to go back to sound money, but as in the 2008 crisis, the same elites that caused it will try to exploit it as an opportunity to implement an increasingly centralized system that gives them even more control.

Unfortunately, we’re past the event horizon for the Ponzi. Past the point of no return. No amount of economic tinkering, even of the right sort and on a big-enough scale, from Trump or anyone else, can reverse or solve the problem without a major implosion causing terrible pain across the economy. Gold is one way to protect yourself from the fallout, but when it comes crashing down, no one will be immune to the effects of such a spectacular burst.

Tyler Durden
Sat, 11/23/2024 – 17:30

Disparate Impact Is a Legal Trick

By misusing statistics, the government claims that racial disparities are always caused by racial discrimination and that these disparities can only be rectified by state-directed outcomes. However, government programs have made things much worse.

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