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Stock impact report

How humanoid robots and AI will change the workforce [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
In a recent episode of Opening Bid with Yahoo Finance Executive Editor Brian Sozzi , Citi Global Insights analysts Rob Garlick and Wenyan Fei discussed their research on how the evolving technology of humanoid robots will change the US workforce over the next 25 years. "The economic opportunity of this could be enormous and massive cost savings for businesses that use it....Robots don't take sick leave and don't take holidays," Garlick describes. He further explains that they had theorized that the substitution ratio between humans and robots would be 1:1, but in actuality, "Each robot substituted with 3.3 people. You start multiplying this stuff and it could be quite significant." For full episodes of Opening Bid, watch on our website or listen on your favorite podcast platform. This post was written by Rachael Lewis-Krisky, producer for Opening Bid. Related Videos AI's big year: How Big Tech is shaping the future Yahoo Finance Video • 2 days ago Space is 'a connective Show less Read more
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