Amazon's Robot Wars
I can't see how this isn't a bigger story. What is frustrating is that nobody seems to want to talk about it, and bigger yet we have a President that hasn't even mentioned it. I understand for many "socialism" as described in the title is a dirty word as it is unfair to expect a minority of the population to sustain a majority of it, but what if the x factor is automation?
How do the big box stores (that drove the mom/pop stores and the small towns they were in out of business) compete? They can't sustain the overhead. We all have computers in our pocket that can order anything to our door in less than 2 minutes. What happens to all the primary, secondary, and tertiary jobs that go along with local stores? What about AI in the delivery of health care, discovery in a law firm, transportation, etc? All professions will be impacted to a great degree sooner than later.
Typically people say, "well it will create other jobs", which is true, but it will not be 1:1 in addition how soon till half those new jobs are automated due to compound interest of advancements of AI?
Or they will say, "I have a specialized job, it won't affect me". To deliver health care, for example, we need the people to be able to afford insurance/cash to pay for it. I could go on for all professions.
How do we position ourselves in a micro or macro sense? Do we just keep consuming and think "they" cant kick us all out of our homes given a massive majority in this country over-extends themselves via financing? Is consumer based capitalism the "horse" of our time? Curious if others think about this as much as I do...
I can't see how this isn't a bigger story. What is frustrating is that nobody seems to want to talk about it, and bigger yet we have a President that hasn't even mentioned it. I understand for many "socialism" as described in the title is a dirty word as it is unfair to expect a minority of the population to sustain a majority of it, but what if the x factor is automation?
How do the big box stores (that drove the mom/pop stores and the small towns they were in out of business) compete? They can't sustain the overhead. We all have computers in our pocket that can order anything to our door in less than 2 minutes. What happens to all the primary, secondary, and tertiary jobs that go along with local stores? What about AI in the delivery of health care, discovery in a law firm, transportation, etc? All professions will be impacted to a great degree sooner than later.
Typically people say, "well it will create other jobs", which is true, but it will not be 1:1 in addition how soon till half those new jobs are automated due to compound interest of advancements of AI?
Or they will say, "I have a specialized job, it won't affect me". To deliver health care, for example, we need the people to be able to afford insurance/cash to pay for it. I could go on for all professions.
How do we position ourselves in a micro or macro sense? Do we just keep consuming and think "they" cant kick us all out of our homes given a massive majority in this country over-extends themselves via financing? Is consumer based capitalism the "horse" of our time? Curious if others think about this as much as I do...