AI and Humanoid Robots May Lead to Massive Unemployment

AI and Humanoid Robots May Lead to Massive Unemployment

Recently, the All-In Podcast on YouTube released a remote interview with Elon Musk at Tesla’s global engineering headquarters. Musk stated that when the Optimus humanoid robot reaches an annual production of 1 million units, the cost per unit will be around $20,000 to $25,000; by 2025, the third-generation design, Optimus V3, will achieve human-level hand … Read more

AI and Robotics: The Next Industrial Revolution

AI and Robotics: The Next Industrial Revolution

What contradictions are most acute, and the greater the value generated by solving them? Currently, a significant contradiction exists in many factories, where they operate on a two-shift system, and the wages for workers are very low, at 20 yuan per hour. Currently, the highest standardization in the automation field is seen in mobile phones … Read more

Employee Compensation at Weir Shares, Huahong Semiconductor, and SMIC in 2023

Employee Compensation at Weir Shares, Huahong Semiconductor, and SMIC in 2023

According to the 2023 company financial reports, we summarize the revenue and employee compensation of three major semiconductor companies. 1. Revenue Due to the overall impact on the industry, in 2023, SMIC and Huahong Semiconductor saw their revenues decline by 8.6% and 3.3%, respectively. Weir Shares experienced growth against the trend, with revenue increasing from … Read more