Independent thinking for complex markets and current events
Mid-30s Unemployment?! “I think it’s very natural to be concerned about jobs. “I think young people coming out of university today, it’s like 9% unemployment. “I think it could easily go into the mid-30s in the next couple of years.” – Bill McDermott $NOW CEO CNBC: “The mid-30s?!” Bill McDermitt: “I do, because what’s happening …
They keep asking which jobs are safe. Not which ones pay well. Not which ones offer meaning or longevity. Just one question repeated again and again, in back channels, in interviews, in late-night posts from people staring at their careers like a sinking ship. The question is simple, but the truth it drags behind is …
With Amazon deploying over 750,000 robots that replace 24 workers each, automation is rapidly reshaping the workforce. If you’re in logistics, warehouse management, or other vulnerable industries, consider investing in upskilling for more tech-focused roles. The shift is already happening, adapt or risk being replaced. Amazon $AMZN now has over 750,000 robots deployed across their …
Labor Unions run by the wrong people are not out to help the workers. They’re in it for the money. — Juanita Broaddrick (@atensnut) December 28, 2024
Experts warn store prices will soar and shelves will be empty as greedy dockworkers strike over 80% pay raise. A lengthy shutdown of 36 ports – which handle half of America’s cargo from ships – could raise cause shortages and price increases at big and small retailers alike as the holiday shopping season approaches. Walmart, …
Chipotle Mexican Grill has been developing robotic technology to automate its kitchen operations, and now it is finally testing the machines in stores for the first time. Autocado—a machine that can cut, core, and peel avocados in just 26 seconds—will operate in a Chipotle restaurant in Huntington Beach, Calif. The fleshed-out avocado will then be …
In the clash between economic realities and political aspirations, California’s fast-food industry finds itself at the forefront. As the state raises its minimum wage, businesses are forced to adapt or face financial strain. The result? A rapid shift toward automation, leaving workers grappling with the harsh consequences of policy decisions. Key Points: Recent minimum wage …
This is quite unnerving. Will The robots eliminate a lot of jobs? Who will be the customers if there are a lot less jobs to earn money with due to robots taking them? Amazon unveils 6-foot robots that walk and lift items in its warehouses pic.twitter.com/EDTWLECL6Y — End Wokeness (@EndWokeness) October 20, 2023 AC