From Technocracy News
Technocrats working robotics are pushing hard for a Universal Basic Income throughout society because they understand the vast damage they will cause to the labor force. The ethical issue does not concern them, as they ‘invent’ simply because they can. ⁃ TN Editor
A secretive robotics startup has raised a new round of venture funding as part of its quest to replace humans with robots in the kitchens of fast-food restaurants.
Momentum Machines secured over $18 million in financing, according to a SEC filing in May. The startup has generated investments from top VC firms Google Ventures and Khosla Ventures in the past.
The company has been working on its first retail location since at least June of last year. There is still no scheduled opening date for the flagship, though it’s expected to be located in San Francisco’s South of Market neighborhood.
San Franciscans have been warming up to the idea of a restaurant experience with minimal human interactions for years. In 2015, futuristic food-chain Eatsa opened downtown. The vegetarian restaurant, which specializes in quinoa bowls, automates the ordering and pick-up process. It’s since expanded to New York and Washington, DC.
In San Francisco, robots also run food deliveries for Yelp’s Eat24 and pour coffee at Cafe X. These changes, along with other evidence that AI could displace huge swaths of workers, have even prompted a San Francisco politician to consider a “robot tax” to help offset the economic devastation a robotic workforce might bring.
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