Formic’s Saman Farid: “A robot arm can do the work of eight humans”

The Sunday Times’ tech correspondent Danny Fortson brings on Saman Farid, founder of Formic, to tlak about why we need more robots (3:40), the labour shortage (7:20), the growing universe of jobs that are automatable (10:00), the latest AI bubble (13:45), growing up in China (21:20), being inspired by China’s rapid industrialization (23:30), how AMerica is losing 10,000 factory workers each day (25:20), starting his first couple companies in China (29:30), the deep learning revolution (31:15), convincing factory owners to install their robots (36:40), why he thinks more robots is better for society (40:00).

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