Jump to content

admin

At this rate, will technological advancements create enough jobs to make up for those they're going to eliminate?

Topic Summary

Created

Last Reply

Replies

Views

admin -
Money & Finance -
2
130

Top Posters


Recommended Posts

As you mull it over, consider this jaw-dropping report from China:

JD.com, a Chinese e-commerce behemoth, claimed it could receive, pack, ship, and deliver 200,000 orders a day across China. But get this, it employs just four workers at the fulfillment center. And those employees' jobs? To service the robots that fulfill the orders...

Final food for thought: In January, the World Economic Forum and Boston Consulting Group said that by 2026, over 1 million Americans could lose their jobs to automation.

+ There's always another side to the story: "AI Doesn't Eliminate Jobs, It Creates Them."

Share this post


Link to post
Share on other sites


  • Similar Content

    • By admin
      Google did a quick search to see what a $550 million investment in Chinese e-commerce giant JD.com would return. The results?
      A less than 1% stake in China's second biggest e-commerce player (behind Alibaba).  A massive network of warehouses and delivery ops. A chance to work with JD.com to tackle online retail across the globe. But as Google eyes e-commerce (and Amazon)... 
      ...it's also looking to win favor with China. Since China banned Google's search engine in 2010, Google's built offices in the country, opened AI research facilities, and sent Sundar Pichai over to wine and dine lawmakers.
      But so far, China's remained query intolerant.
      Best case scenario: Google slides into three markets (U.S., Europe, and SE Asia) using JD.com's incredible capacity to fulfill up to 200,000 orders in one day...from one facility...with only four human workers...Then? China changes its mind about Google search.
    • Guest
      By Guest
      As computers get more creative and AI begins to create better AI......
      Once it becomes cheaper to use robotics than human labor.....
      What will people do?
      I remember making a post called Humans Need Not Apply that compared us to horses 120 years ago. 
       
      Maybe, in an attempt to be optimistic, governments will tax automation and provide a universal basic income for everyone? Then we will all spend our time learning piano or art in liberal arts degree universities with recorded lectures over YouTube.
       
  • Forum Statistics

    61,673
    Total Topics
    114,459
    Total Posts
  • Member Statistics

    16,505
    Total Members
    1,592
    Most Online
    Leander H. McNelly
    Newest Member
    Leander H. McNelly
    Joined




×
×
  • Create New...

Important Information

Terms of Service Confirmation Terms of Use Privacy Policy Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.