Why hire a warehouse worker for $30 per hour when a robot costs $10? JPMorgan expects booming humanoid demand. - Steve Goldstein, MarketWatch]

The good news: There are plenty of jobs that the U.S. manufacturing industry will need. But a new research note imagines much of those unfilled jobs will go to humanoid robots. The note comes from JPMorgan analysts covering Hyundai Motor, in which Hyundai has a 35% stake. Hyundai also owns Boston Dynamics, a leading maker of robots. Granted, the humanoids are worse workers. Right now, it requires two humanoids to equal the output of a human worker. But the JPMorgan team estimated that will fall to a range of 1.2 to 1.3 humanoids. JPMorgan said the humanoids can be complements rather than substitutes for human labor. Granted, the humanoids are worse workers. Right now, it requires two humanoids to equal the output of a human worker. But the JPMorgan team estimated that will fall to a range of 1.2 to 1.3 humanoids. JPMorgan said the humanoids can be complements rather than substitutes for human labor.

https://www.marketwatch.com/story/why-hire-a-warehouse-worker-for-30-per-hour-when-a-robot-costs-10-jpmorgan-expects-booming-humanoid-demand-9cc6ddf4