What Happens If a Factory-built House Gets 1% Cheaper?
Josh Gruenstein says everything gets better: goods that are valuable get bought in larger amounts when they are cheaper. A housing-factory worker in Wisconsin described houses that cost about 5 percent more to build in a factory than with traditional construction on site. If those houses were even 1 percent cheaper than a site-built house of the same quality, developers would move all of that demand into the factory.
Reclaiming materials from landfills falls under the same point. If Tutor is successful, the robots become a labor force other businesses can use to make the physical economy a cheaper place to live.
The Robots Already Working in American Factories | Tutor Intelligence ·