"There are currently one million unfilled positions in the logistics industry, which is up from 600,000 unfilled positions just a few years ago. There aren’t enough workers for these jobs. So what’s far more dire than any perceived fears about job replacement is the fact that the health of these businesses is at stake. Without automation, including robots, there’s a danger they won’t be able to survive. Smart businesses today are automating themselves out of a very serious labor gap."
That's called supply and demand, which intersect in the labor market at the prevailing wage being offered -- labor is telling capital the wage is too low (hence demand exceeds supply)...but seriously, since when does capital ACTUALLY want to play by the rules of the invisible hand and a competitive market?
"Amazon has begun testing the use of humanoid robots to fulfill orders in its warehouses. There are roughly 1.4 million warehouse workers in the US, and about a third of them are employed by Amazon. If you make your living by picking and packing, you may want to pay attention to this."
I'm going out on a limb and guess the Venn diagrams of Cranky Old Man Yells at Internet subscribers and Amazon warehouse workers don't overlap...
But, it does remind me that Andrew Yang's candidacy did bring much needed attention to one important policy idea - a Universal Basic Income.
Thanks for adding just enough humor to make this news palatable.
A spoonful of sugar helps the medicine go down. I think I heard that somewhere....
Also, from Agility:
"There are currently one million unfilled positions in the logistics industry, which is up from 600,000 unfilled positions just a few years ago. There aren’t enough workers for these jobs. So what’s far more dire than any perceived fears about job replacement is the fact that the health of these businesses is at stake. Without automation, including robots, there’s a danger they won’t be able to survive. Smart businesses today are automating themselves out of a very serious labor gap."
That's called supply and demand, which intersect in the labor market at the prevailing wage being offered -- labor is telling capital the wage is too low (hence demand exceeds supply)...but seriously, since when does capital ACTUALLY want to play by the rules of the invisible hand and a competitive market?
Amazon in particular...
Is this a trick question?
"Amazon has begun testing the use of humanoid robots to fulfill orders in its warehouses. There are roughly 1.4 million warehouse workers in the US, and about a third of them are employed by Amazon. If you make your living by picking and packing, you may want to pay attention to this."
I'm going out on a limb and guess the Venn diagrams of Cranky Old Man Yells at Internet subscribers and Amazon warehouse workers don't overlap...
But, it does remind me that Andrew Yang's candidacy did bring much needed attention to one important policy idea - a Universal Basic Income.
LOL...I hadn't finished your post before posting...!
Great minds, etc etc.