America’s Retailers Are Closing Stores Faster Than Ever

I remember large retailers were so afraid of Amazon, when they asked the on-line retailer to pay for sales tax so they can have a leveled playing field. Those brick-and mortar retailers thought they could stop the inevitable trend of technical revolution.

On the contrary, they sped up their own dilemma, when Amazon quickly expended its distribution centers, because the sales tax allowed it to freely expand its sales territories than ever. Essentially, major retailers’ fear made them shoot their own feet and results in the store closing tide we see today.

History has shown us again and again that we should embrace the change, not blocking it. But, unfortunately, people still fail to learn their lessons and get themselves into their own death spiral.

Similarly, the trend of manufacturing job market is automation. Today, people still thought they could bring manufacturing jobs back to the US. But, in reality, some jobs are not deemed to be back. As I stated in my previous posts, the missing key is still universal income, or including automation in our social security pool so we can embrace the change and protect our welfare altogether. It has been more than 7 years, since I raised the issue. I am still hoping people will understand it one day and consider the solution seriously.

References:

America’s Retailers Are Closing Stores Faster Than Ever

BOTUS

Robots, artificial intelligence boom may cost US, UK at least 1/3 of their jobs: Study Shows

Bill Gates: the robot that takes your job should pay taxes

Elon Musk: Robots will take your jobs, government will have to pay your wage

Robots May Pay Taxes Under European Proposals

Why our recent technology advancement is not a revolution to economy?

A 19-year-old made a free robot lawyer that has appealed $3 million in parking tickets

The Bank of England has a chart that shows whether a robot will take your job

These adorable robots could someday put construction workers out of a job

Sustain Social Security under the Impact of Automation and a Shrinking Job Market

BOTUS

Here is another interesting pod cast and experiment about robots and jobs.

All across Wall Street, humans are being replaced by computers. Even the people who make decisions about which stocks to buy and sell are being replaced by computer programs, by bots.

To understand what goes on inside a stock-picking bot, we at Planet Money built our own.

References:

BOTUS

Robots, artificial intelligence boom may cost US, UK at least 1/3 of their jobs: Study Shows

Bill Gates: the robot that takes your job should pay taxes

Elon Musk: Robots will take your jobs, government will have to pay your wage

Robots May Pay Taxes Under European Proposals

Why our recent technology advancement is not a revolution to economy?

A 19-year-old made a free robot lawyer that has appealed $3 million in parking tickets

The Bank of England has a chart that shows whether a robot will take your job

These adorable robots could someday put construction workers out of a job

Sustain Social Security under the Impact of Automation and a Shrinking Job Market

Robot-Proof Jobs 1: Jobs that are safe today

NPR podcast: The first episode of a special three-part podcast series on automation and the economy. Technology is increasingly replacing work done by humans, but some jobs are more resistant than others — we’ll find out which.

My related posts:

Robots, artificial intelligence boom may cost US, UK at least 1/3 of their jobs: Study Shows

Bill Gates: the robot that takes your job should pay taxes

Elon Musk: Robots will take your jobs, government will have to pay your wage

Robots May Pay Taxes Under European Proposals

Why our recent technology advancement is not a revolution to economy?

A 19-year-old made a free robot lawyer that has appealed $3 million in parking tickets

The Bank of England has a chart that shows whether a robot will take your job

These adorable robots could someday put construction workers out of a job

Sustain Social Security under the Impact of Automation and a Shrinking Job Market

Robots, artificial intelligence boom may cost US, UK at least 1/3 of their jobs

Another update about job and automation. The complete news article is enclosed below.

Robots, artificial intelligence boom may cost US, UK at least 1/3 of their jobs: Study Shows

46 Mins Ago

Up to one-third of Britishjobs could be taken over by robots by the early 2030s, impacting 10 million Britons but with women less likely to face redundancy, a UK study showed.

The research, by accountancy firm PricewaterhouseCoopers LLP, found 30 percent of UK jobs could face automation compared to 38 percent in the United States, 35 percent in Germany, and 21 percent in Japan.

Researchers, however, said this wouldn’t necessarily lead to less employment as jobs may change rather than disappear.

But the distinction between men and women was clear, with PwC estimating 35 percent of men’s jobs were at risk compared to 26 percent of women’s because of the high number of women in sectors requiring social skills like education and health.

Male workers are also more concentrated in jobs requiring lower education levels, like transportation and manufacturing.

PwC Chief Economist John Hawksworth said in the future employees of both genders will “have to be more adaptable, not stuck in the stereotypes”.

He said this could present an opportunity for men and women to break down traditional gender gaps and progress in careers, provided they can upskill or access training opportunities.

“The whole thing has become more fluid,” he told the Thomson Reuters Foundation.

However, it was uncertain whether these changes would have any impact on the gender pay gap. Figures from the UK’s Office of National Statistics show on average women earned about 18 percent less than men in Britain in 2016.

My previous posts:

Bill Gates: the robot that takes your job should pay taxes

Elon Musk: Robots will take your jobs, government will have to pay your wage

Robots May Pay Taxes Under European Proposals

Why our recent technology advancement is not a revolution to economy?

A 19-year-old made a free robot lawyer that has appealed $3 million in parking tickets

The Bank of England has a chart that shows whether a robot will take your job

These adorable robots could someday put construction workers out of a job

Sustain Social Security under the Impact of Automation and a Shrinking Job Market

Bill Gates: the robot that takes your job should pay taxes

Thank you, Bill, for your support about my proposal of robot tax.

Governments need to be prepare for the trend by working on regulations for the future job market. I proposed social security contribution by companies employing robots, whereas people are talking about “universal income.” The only problem about the universal income is that it may make the government to big or powerful for some people to accept. Anyway, governments need to be ready for such job market trend.

Reference: Bill Gates: the robot that takes your job should pay taxes

My previous posts:

Elon Musk: Robots will take your jobs, government will have to pay your wage

Robots May Pay Taxes Under European Proposals

Why our recent technology advancement is not a revolution to economy?

A 19-year-old made a free robot lawyer that has appealed $3 million in parking tickets

The Bank of England has a chart that shows whether a robot will take your job

These adorable robots could someday put construction workers out of a job

Sustain Social Security under the Impact of Automation and a Shrinking Job Market

An Actual Failure of Border Tax.

It sets back Argentina’s economy by 10 years.

Reference: The Phone At The End Of The World

A Map of the 1973 Internet

This is the whole map of the 1973 internet.

Reference: A Map of the 1973 Internet