Places I can see this working are with low footprints such as cafes at hospitals etc.
Amazon Go, please Go away.
Updated: Grammar correction.
Places I can see this working are with low footprints such as cafes at hospitals etc.
Amazon Go, please Go away.
Updated: Grammar correction.
[1] http://newsexaminer.net/food/mcdonalds-to-open-25000-robot-r...
I'm not going to argue that this sort of technology isn't going to have a decimating effect on employment, small business etc. It will. It will very likely have a huge socioeconomic impact for one simple reason: Most of us aren't planning for the next industrial revolution.
That fact that you're freaking out now tells me you really haven't been thinking deeply about the impact that automation is going to have on our society, nor have you been considering realistic solutions to these potential problems.
Automation will decimate jobs as it allows us to create lot more with less. It might give people more leisure time, or it might widen the income gap. We could send people back to school to learn relevant skills, and we might be able to do it cheaply if we maximized MOOCs and vocational training more and relied less on expensive universities with lavish facilities and football coaches with million dollar salaries.
We could also fuck up our opportunity to move forward by focusing our energy on preserving jobs that we know are going away. It's not if, it's when.
Not moving forward is not a realistic option. Even if had all the political power to get your way in this country, other countries will simply take the lead in automation. The countries that focus on their energy on educating their people to take on the next generation of jobs will be the economic leaders of tomorrow.
It's not a small problem and it's not going to magically work itself out like some laissez faire dipshits would like to tell you. This is going to be tough and painful. Now is the time to start planning for our future.
Profits earned from Amazon Go are not going to get reinvested in cities. A small portion of it would be divided as payrolls among engineers and people who would manage these Go stores but a large chunk would go in deep pockets of Bezos' and Amazon investors'.
The in person shopping primarily happens in specialty grocery stores like Italian delis and the like. They won't be going away.
The value of labour will continue to decline. While your labour has value, saving up as much money as possible and putting it in index funds seems like a really good idea.
Last time I heard Amazon is struggling with net positive cash flow because it keeps on re-investing profits into various other side projects with eventual goal of dominating retail space e.g. Amazon Go.
Amazon is in the business of creating a marketplace that efficiently matches buyers and sellers. It provides a distribution infrastructure for sellers and provides a high level of service for buyers.