Rise Of The Machines: Millions Of American Jobs Will Be Wiped Out In The Next Five Years | Zero Hedge
Earlier this week Amazon launched its first Amazon Go store, which allows a customer to walk in, grab the items they want, and simply walk out. Everything is tracked utilizing RFID chips, so the second you step out of the store Amazon knows exactly what you’ve purchased and automatically charges your account.
Amazon’s latest move is simply the next evolution designed to make human labor obsolete.
We’re no longer talking decades, but rather, a few years before we start to see the direct effects on the labor market:
Once again competition is the driving force that will guarantee success no later than a 2022-2024 time frame. By the end of that period, if not much sooner, long-haul truck jobs will vanish.
We’re talking tens of millions of jobs. And they’ll be gone within half a decade’s time.
The immediate response to such revelations is that there will be widespread societal upheaval.
How will displaced human workers feed their families or keep roofs over their heads?