There is no greater risk economically or terminally to mankind other than robots when driven by Artificial Intelligence. This is not sci-fi, but the end of times.
Greed is good?
People: Greedy for stock profits.
Amazon: Greedy for bottom line profits.
55,000 robots to be added this year, on top of the already 45,000 added prior year!
Wait until the next recession hits!
Keep buying Amazon stock folks. Help them help you lose your job.
CIGA Wolfgang Rech
About That Plan For Amazon’s Second Headquarters: How Long Will Those Jobs Last?
December 22, 2017
Amazon added 55,000 robots this year as the company’s human workforce declined by this staggering amount. Here’s the details…
(Natural News) Any time the topic comes up of using robots for logistics, warehouse workers are told there is no need to be concerned because robots cannot completely replace humans. While we’d all like to believe that’s true, the 24,000 workers who have found themselves redundant at Amazon as its robot workforce grows would surely beg to differ.
According to Quartz, Amazon has added 55,000 robots so far this year. This is a marked increase over the 45,000 robots they had at the end of last year. At the same time, they’ve had a decline of 24,000 human workers. Is it just a coincidence? Experts don’t think so.
According to projections by Quartz, machines could end up making up 20 percent of Amazon’s total employee base by year’s end. This is part of the reason the company is so successful and that its investors are so pleased, but it’s a far different story for those who work there.
It’s not just Amazon workers feeling the pinch, by the way. Retail workers in industries that compete with Amazon, such as bookstores, are also expected to drop in number by one percent year-over-year in the first yearly decline noted since the year 2009. It might sound like a tiny fraction, but it accounts for 170,000 job losses.
The highly efficient robots used by Amazon far outperform humans. According to CNBC, one human Amazon worker needs an average of 90 minutes to find a particular product and then package it, while robots can bring that time down to just 13 minutes.
Cities vying for Amazon’s new headquarters
It’s interesting to note that 238 cities have bid to be the home of Amazon’s second headquarters. The firm will choose a location next year, where it says it plans to invest $5 billion in construction and create as many as 50,000 jobs over the next 20 years.
That all sounds great on the surface, but just how long will those 50,000 jobs last? After all, the firm has already invested more than $775 million to deploy robots that can automate the work done by humans in warehouses. Are these cities that are so frantically bidding for the new headquarters – some of which are turning to ridiculous stunts to get attention – keeping this fact in mind?
Quantitative futurist Amy Webb told Business Insider: “We know that Amazon is working full bore toward automation and isn’t planning on having humans in its warehouses forever. If you were to model this out using the data we have, how probable is it that 20 years into the future that HQ2 is still employing humans?”
Yes, it’s only toys.
Look at the underlying premise:
There’s tons of money sloshing around, looking for a home.
And it will eventually come around to bite us in the ass.
Already, fine art auctions are setting all time record highs; housing is at, or at least near, record highs.
Ever go out and try to buy halibut, salmon, steak, or even chop meat?
And how them veggies. Record high prices. So much for healthy eating!
Then again, you can still get pasta for $ .70 a pound.
What the pasta price. When that rises, it’s game over.
CIGA Wolfgang Rech
Hyperinflation Watch: Last Minute Christmas Shopping (Star Wars Edition)
December 21, 2017
They may still be available if you act now, just don’t say we didn’t warn you when you see a comma and five digits (to the left of the decimal point)…
On the latest installment of the hyperinflation watch, we feature some last minute gift ideas for the holiday season.
Who needs an ounce of gold when you can have the Millennium Falcon:
Now you may be thinking: But that’s just some re-seller gouging the price?
Nope. Take a closer look. That’s Lego itself hawkin’ the goods…
“This could be WORSE than Watergate!”
Sen Rand PAUL Calls For Investigation Of OBAMA CONSPIRACY To Steal Election
December 22, 2017
Over the past few months, the clear thinking legislators who recognize the increasing likelihood of a conspiracy to, through the abuse of power by Obama officials, tilt the election to Hillary Clinton have been members of the House.
With the exception of occasional mentions by Senators Ted Cruz, Charles Grassley and Rand Paul, the Democrats, never-Trump establishment and RINOs have been virtually silent in expressing any support for President Trump.
They have kept time with the constant Democrat chants of Russia, Russia, Russia despite the lack of any evidence in an attempt to be objective and open minded, or to at least appear that way, as the Democrats do their seditious dirty work.
Now Senator Rand Paul has stood up and spoken out against the railroading of our President by the anti-American globalists and their attempted coup. Senator Paul sent out a tweet on Thursday saying, “Time to investigate high ranking Obama government officials who might have colluded to prevent the election of @realDonaldTrump! This could be WORSE than Watergate!”
Those high ranking officials, if they are complicit in treason and abuse of power as the evidence has long overwhelmingly indicated they are, would include the illegal alien who was squatting in the White House. He a guy who, through Susan Rice, micromanaged every military firefight from the White House in order to assure minimal enemy casualties. Nothing happened in Obama’s fiefdom without his full knowledge and approval. He donated the first Million to Fusion GPS through Perkins Coie.