The world is becoming more and more automated - with fewer and fewer good-paying jobs. The trend is likely to continue.
Articles:
- The rich and their robots are about to make half the world's jobs disappear
- 2018: US companies put record number of robots to work
- US banks to automate 200,000 jobs in next 10 years
- Walmart Nation continues to lose jobs to automation
- PepsiCo to layoff workers in automation push
- Robots to stock shelves in 50 Walmart stores
- Self-driving cars for pizza delivery
- Chinese factory replaces 90% of humans with robots, production soars
- Drones to take over some human work
- Deutsche Bank: a lot of people will see their jobs affected by automation
- Nike lays off 100,000 low-wage workers and replaces them with automation
- Adidas to switch from Asia manufactoring to robots in Germany
- Foxconn lays off 60,000, replaces workers with robots
- Autonomous vehicles to replace divers for underwater inspections
- How Google might put taxi drivers out of business
- Schools need to change or robots will destroy the middle class
- Burger robot to disrupt the fast food industry, also here
- $35K robot cheaper than hiring at $15 an hour
- Apple to replace 500,000 workers with robots
- The robot that might replace you at your job
- Outsourcing jobs is no longer cheap enough, so they are being automated
- Robots really are coming for your job and there's nothing you can do about it
- Autonomous truck cleared to drive on US roads for the first time
- Self-driving trucks are going to hit us like a human-driven truck
- McDonald's testing kiosks to replace cashiers
- There will never be enough good jobs again
- Driver-less trucks coming to Alberta's mining regions
- First driver-less trucks at a mine up and running 24/7
- Autonomous vehicles will replace taxi drivers, but that's just the beginning
- Self-driving car travels 3400 miles across America
- Japan to launch robot taxi trials in 2016
- AI to "create a useless class of human"
- World's first driver-less bus service comes to the Netherlands
- Automation expected to take more traditional jobs from men than from women
- Dear striking fast food workers: meet the machine that just put you out of a job
- Japan making robots to help with elderly care
- Bosch develops robot to do weeding work on farms
- AI could leave half the world unemployed
- Google's SkyNet robots
- Uber's autonomous cars will destroy 10 million jobs
- A lot of people who make over $350,000 are about to get replaced by software
- Manufacturing jobs are not coming back
- Learning to code won't save your job
- Veggie factory: world’s first vertical farm run entirely by robots
- A fleet of trucks just drove themselves across Europe
- Volvo is sending 100 self-driving cars to China for testing
- BMW to launch self-driving cars within 5 years
- Commerical driverless taxis
- Naive millennials belief robots creating jobs
- First drone delivery, cleaner and cheaper than trucks, and no driver required
- South Korea to invest heavily in robotics to automate factories
- McDonald's to hire extra workers but also deploying self-service kiosks
- Self driving cars are coming by about 2020
- AI as good as human experts in medical diagnosis
- Ireland joins international call for a four-day work week
The pace of displacement has been (and is) accelerating to the point where job creation is not keeping up with job destruction.
And the compensation of the created jobs has been much less than the compensation of the displaced jobs. Goodbye manufacturing job that used to pay a decent living, hello minimum wage job at Wal-Mart.