Where Cybernetics and Economics Meet: Building the Machine Economy
summary
Project builds a blockchain-backed market layer called Robonomics network to give robots money, contracts and legal-like interactions; experiments include renting and remotely operating a Boston Dynamics Spot from San Francisco and buying a coffee via an on-chain transaction. Claim: robot-to-robot communication is up to thousand times more efficient and could make robotics 99% of economic activity. Architecture uses smart contracts for economic/technical state, accepts 5–20 second latencies (not for per-leg control), and prototypes on Kusama/polkadot parachains.
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chapters (13)
- 0:00Intro
- 1:03History of industrial revolutions
- 2:23Cyberphysical system
- 2:46Example
- 3:22Definition
- 3:45Smart City and Industry 40
- 5:08Book
- 7:47Cyberphysical Systems
- 10:29Economy of Robots
- 11:33Conclusion
- 12:31Robotics Engineer
- 14:56Robotics Ethics
- 18:39Latency
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