Archived Robots could wipe out another 6 million retail jobs (money.cnn.com)
submitted ago by Smokrates
Posted by: Smokrates
Posting time: 3.6 years ago on
Last edit time: never edited.
Archived on: 8/19/2017 10:00:00 AM
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2 upvotes, 0 downvotes (100% upvoted it)
Archived Robots could wipe out another 6 million retail jobs (money.cnn.com)
submitted ago by Smokrates
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[–] FreeSpeachRocks 0 points 2 points 2 points (+2|-0) ago
Why don't we raise minimum wage to $20 and see how many retail jobs are left...
/s
[–] Smokrates [S] ago
I wonder how much value that worker produces and how much the company keeps of it? In some areas Walmart is the biggest employer. Who will be their customers when they are replaced by a machine?
[–] theoldguy ago
So let's make clothes washing machines and cotton harvesters illegal and see how that goes.
[–] derram ago
https://archive.is/a410v | :
'That represents at least 38% of the current retail work force, which consists of 16 million workers. '
'Retail could actually lose a greater proportion of jobs to automation than manufacturing has, according to the study. '
'Related: Department stores have lost more jobs than coal minesThe retail industry is already undergoing cataclysmic changes, with about 3,300 store closings announced so far this year, according to Fung Global Retail & Technology, a retail think tank. '
'But automation will drive more job losses than store closings in the next decade, Wilson said. '
'"Store closings have to do with overbuilding and e-commerce," Wilson said. '
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