Capitalism at its best

[Switcher56]

No wonder the Trumpster hates his guts. (no I'm not a Trumper)

A new report from Reuters alleges that Amazon has begun including new technology in a number of warehouses in recent years. These new robots scan goods along a conveyor belt and moments later places and seals these goods in a box, ready to ship to an Amazon customer. Amazon is reportedly considering installing these systems at dozens of warehouses, removing at least 24 jobs at each warehouse.
Reuters reports that these warehouses usually employ up to 2,000 people, with the implementation of this new system Amazon could cut as many as 1,300 jobs across 55 U.S. fulfillment centers. The system reportedly costs around $1 million and has added operational expenses, but this cost could be recouped within two years of installing the system. Amazon is reportedly pushing to reduce labor and boost profits at its firm via automation of many warehouse tasks.

https://www.breitbart.com/tech/2019...ls-out-box-packing-robots-to-replace-workers/

 

[CosmicGiggle]

the problem with robots replacing workers is that none of those displaced workers will have enough $ to buy the goods those bots are packing up.

..... now, do the math and capitalism may end up eating its own tail.

 

[Switcher56]

the problem with robots replacing workers is that none of those displaced workers will have enough $ to buy the goods those bots are packing up.

..... now, do the math and capitalism may end up eating its own tail.

NO shit Sherlock Same thing happened with self-checkouts. Staff @ home depot said it wouldn't affect them, would streamline the cashes etc... from 4-6 cashiers, the sore is now down to 2-4 I refuse to use self checkouts. But, we must be realistic. It is the way of the future. To bad "slavery" still exists, and greed the slave master!

 

[CosmicGiggle]

...It is the way of the future. To bad "slavery" still exists, and greed the slave master!

slavery, it's not just a black 'n white issue.

 

[burmese]

i hate extreme capitalism = able to sell everything, able to profit from everything
i hate extreme communist= able to control everything
In these days extreme capitalism goes to able to control everything.
There is easy and best way to keep: safety, food, living, health by communist way
and everything what we do not need for life //cars, phones,...//by capitalist way.


Everyone normal clever people know that, but almost every country goes extreme ways.
You know, also good things can be bad in extreme ways.

 

[igrowone]

the relentless movement forward of automating all that can be automated
problem? current socio-economic structures don't mesh well with these developments
solution? well, that is the question

 

[CosmicGiggle]

the relentless movement forward...

.... as a child in 1957, I remember my science teacher discussing robots and how they would not be replacing workers but rather give them more leisure time!

...... and then 20 yrs. before there was Eugenics, which was going to make humans smarter.

'progress' always comes at a price, which is really what capitalism is all about.

 

[Switcher56]

slavery, it's not just a black 'n white issue.

I know that good buddy

 

[Switcher56]

.... as a child in 1957, I remember my science teacher discussing robots and how they would not be replacing workers but rather give them more leisure time!

...... and then 20 yrs. before there was Eugenics, which was going to make humans smarter.

'progress' always comes at a price, which is really what capitalism is all about.

Yup! Born in '56 here. I remember doing a paper in the 9th or10th gr. I was 14 yrs old. The evolution of man will lead to its destruction. A powerful paper and presentation, gathered from the library and slide caroussels. There you go. We have aged ourselves LOL.

 

[CosmicGiggle]

Yup! Born in '56 here. I remember doing a paper in the 9th or10th gr. I was 14 yrs old. The evolution of man will lead to its destruction.

Looks like you may have been right Switcher!

1956 huh, that was the year that made Robby the Robot a star in Forbidden Planet which led to the start of alla the fuss in the 1st place.