> ”it’s surely cost competitive to just hire a human to do all those things.”
The cost of labour varies hugely in different parts of the world. The cost of hiring someone in Switzerland is on the order of 100X more expensive compared to Bangladesh, for example.
With many countries currently in an anti-immigration political mindset and with birth rates declining globally, labour costs are likely to continue to increase in the future.
But once a technology like general-purpose humanoid robotics exists, it’s costs are only likely to decrease over time.
Just like RAM and disk prices have been continually decreasing for as long as people remember.
> it’s costs are only likely to decrease over time
What is this based on? We're well past a 50-ish year deflationary period in the cost of major appliances (refrigerators, washing machines, etc). We're pretty clearly at or near the end of the deflationary era for computers and computation. Automotive... speaks for itself. We're still there for televisions, surprisingly; but it looks like these technologies tend to have a handful of decades of rapid cost decrease, followed by a never-ending cost increase over time as the manufacturers consolidate and claim an ever-increasing margin.