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

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2 Comments

  1. Pingback: American job hunters are now paranoid that robots will throw out their résumés | Business Intelligence, Data Analytics, Infographics, and Life

  2. Pingback: Automation, once thought to be a job-killer, is actually saving them | Business Intelligence, Data Analytics, Infographics, and Life

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