A Nation of Broke People Are Killing Retail More Than Amazon: Top Experthttps://www.thestreet.com/story/14277483/1/a-nation-of-broke-people-are-killing-retail-more-than-amazon-peter-schiff-says.html …
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dollar stores are expanding.....thats successful retail.
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Online has been around for 20 years and only makes up 9.1% of all retail sales. Its not all online that is killing retail. Its mostly wages that haven't risen in 30 years and income inequality. But the FAKE NEWS doesn't want to blame the system so they blame Amazon.
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I despise this route humankind is going on. Only rude city folks enjoy this lack of human interaction. We won’t even see any reductions in our groceries that the corporations are saving with automation.
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How will retailers compensate us for putting others out of work?
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Will it be sucess
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"China, obsessed by new tech fads, has a chain of more than 100 unmanned convenience shops called Bingo Box. Shoppers scan a code on their phones to enter. Once inside they scan the items they want to buy. The store unlocks the exit door after they’ve paid with their phones."
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Ah, the glorious modern world. It's as if they're in a shoppers paradise, but simultaneously in prison.
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When Amazon and Wal-Mart complete the destruction of America Europe is next.
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For every job thus displaced, there is that much less AFTER-TAX SPENDING in the U.S., thereby STIFLING CONSUMPTION which, of course, drives ECONOMIC GROWTH. So how is this not AGAINST PUBLIC POLICY?
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Oh great! Between automated stores and self-driving cars, perhaps the NYT could write an expose on “the adverse fiscal impact that would have on the U.S. Economy.” Think about it.
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Somebody should tell 45 about this.
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Assimilation is here, time2 close Facebook, kill Alexa and whatever else uses us, the consumer just ask Cambridge Anal about invasion/automated stories sound like b.s. 2 me, this is not acceptable. Credited 2 a robot? Credited at all?
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La tecnología es buena mientras está no atente contra la estabilidad laboral de los pueblos, de lo contrario a la larga o a la corta estos se rebelaran y se levantarán contra sus gobernantes, debe existir un equilibrio entre está y la fuerza laboral.
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there was a mastercard commercial like 20 years ago about not needing a check out line. not much of a race if the idea was promoted 20 years ago and nothing happened till like now....
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This is the start of something that will change this world DRASTICALLY. Its IMO a 95% chance that most jobs will be replaced with automation in the next 20 yrs. They have machines that build whole buildings, that perform difficult surgeries on people more precise than a Surgeon.
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Nevermind raising minimum wage, this automated trend will kill low wage jobs completely.
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Machines not Mexicans
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