This New Robot Will Take Millions Of Warehouse Jobs

Source: https://www.zerohedge.com/news/2019-05-30/new-robot-will-take-millions-warehouse-jobs
Published: Jun 5, 2019
Author: Tyler Durden
Post Date: 2019-06-05 13:11:59 by Horse
Views: 1323

The automation wave is expected to dramatically reshape the US economy in the 2020s. This disruption will impact the labor force and cause tremendous job losses. By 2030, automation could eliminate 20% to 25% of current jobs -- equivalent to 40 million displaced workers, hitting the bottom 90% of Americans the hardest.

A new report from The Atlanta Journal-Constitution (AJC) shows how warehouse automation is starting to gain traction in Atlanta, the sixth largest warehousing space in the US.

The new, robot-powered warehouse in McDonough, Georgia, is currently undergoing pilot tests and will begin operations in June. Project Verte, a start-up trying to compete with Amazon, is responsible for automating the warehouse.


Poster Comment:

Since we are over populated, given that automation will take 40 million jobs, it seems to me now is not the time to add 22 million illegal aliens plus their relatives to our population. From 1998 to 2011 we added 40 million people but the total number of hours worked remained constant at 196 billion.

Might I point out that the population of Mexico in 1950 was 28 million. Today there are 34 million Mexican Americans and 132 million people in Mexico. Solving the over population problems of Latin America, Africa, the Mideast and Asia is way beyond our ability.

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#1: Pinguinite    To: Horse (#0)

This is the basic argument for the negative per capita tax, possibly termed as "welfare" except that everyone would get it, not just those considered disadvantaged.

If we reach the point where 5% of the population could, via production monopoly and at the push of a button, supply 100% of the goods and services sought by 100% of the population, then wouldn't that create a moral justification for redistribution?

The basic premise behind capitalist economy is that nothing can be created without cost. But what happens when tech gets us to the point where we CAN create things without cost?

Not sure of the answer, but I do know that having 50% of the working population unable to earn a living is a problem that automation will create, and it needs a solution.

Pinguinite posted on 2019-06-05 15:19:17   Reply   Private Reply


#2: Horse    To: Pinguinite (#1)

America is way over populated. In terms of walrasian input-output economics, it was determined that America's decline began when we started importing natural resources like oil which was when we reached a population of 150 million.

Horse posted on 2019-06-05 17:26:44   Reply   Private Reply


#3: Pinguinite    To: Horse (#2)

America is way over populated.

Depends on your standard of measure. US land area can support far more people than it does now.

Pinguinite posted on 2019-06-05 19:26:26   Reply   Private Reply


#4: Horse    To: Pinguinite (#3)

I am talking about natural resources like oil and not land area. When we import things we can't pay for, we have to inflate the currency. Inflating the currency won't work anymore so now comes the Great Starvation.

Horse posted on 2019-06-06 00:59:34   Reply   Private Reply