Technological Unemployment News & Discussions

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Yuli Ban
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Flippy's more likely than Boston Dynamics robots. The backrooms of fast food and restaurant venues will probably look fairly mechanized, like an industrial line. This is part of a larger ordeal where I realized it's better to imagine future labor automation by thinking of automated buildings as robotic cells, rather than focusing on the individual units.

There won't be humanoids in hardhats taking jobs; we're just going to turn whole buildings into robots. You'll probably never see the mechanisms either.
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Yuli Ban
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Starbucks, Amazon open cashier-less store in Manhattan
Starbucks and Amazon are teaming up on a grab-and-go store format in New York City.

The Seattle-based companies will open their first Starbucks Pickup with Amazon Go location on Thursday in Midtown Manhattan.

The store is located on 59th Street between Park and Lexington Avenues. At least two more New York stores are planned for next year.

The stores offer the full Starbucks menu prepared by Starbucks baristas as well as prepared salads, sandwiches, and snacks from Amazon Go. There is also a lounge area with tables and workspaces.

Customers can order drinks and food using Starbucks’ app or shop the Amazon Go section, which automatically tallies items added to the cart so customers don’t have to wait in line to check out.
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Yuli Ban
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In a truck yard the size of a football field several miles north of Denver, a fleet of robotic trucks ferry semi-trailers between assigned spots and warehouse doors for 16 hours each day. A few humans keep watch.

Zach Moss is a 37-year-old former truck driver who now spends much of his 8-hour shift at a desk inside a nearby warehouse. There, he queues up moves and watches yard activity on a computer screen as the 80,000 lb. robots outside do his former job.

If something seems off, Moss hits a kill switch. Otherwise, he works on administrative tasks, talks to his human coworkers or grabs a snack.

“It’s a step up from being on the road all the time,” Moss said. “It kind of blows my mind that we’re going in this direction.”

Moss works as a test technician for Outrider. It’s a Golden-based robotics developer whose mission is to automate the bustling truck yards outside of tens of thousands of distribution warehouses across the world, where most everyday goods are boxed and shipped to customers.

Outrider lauds its main test site in Brighton as one of the most automated in the country. Analysts say it's a glimpse of what future shipping and freight yards will look like — a place where more robots than humans work, rendering people nearly obsolete.

Traditional human-run yards are dangerous and inefficient, said Andrew Smith, Outrider’s founder and CEO. Over-the-road truckers can waste hours dropping off and picking up trailers in the busy hubs, he said.
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funkervogt
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A lack of robots is one of the single biggest problems among the many logistical issues currently tangling America's supply chains.

At most major ports around the world, the cranes that unload shipping containers from boats to trucks are largely automated. That means they can operate around the clock at lower cost and—extra importantly right now—have zero risk of catching COVID-19. One recent study found that cranes at the mostly automated port in Rotterdam, Netherlands, are roughly 80 percent more efficient than cranes at the Port of Oakland, California, where humans still man the controls. In other words, it takes nearly twice as long to unload the same ship in Oakland as it would in Rotterdam.

One of the major hurdles to automation is the expense. It can cost as much as $500 million to install new, fully automated terminals at existing ports, according to the Journal of Commerce, a trade publication. Even if it might make sense to do that in the long run, short-term considerations keep American ports operating at their current, less efficient status quo.
https://reason.com/2021/11/09/americas- ... utomation/
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Yuli Ban
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Rise of the (fast food) robots: How labor shortages are accelerating automation
When you think of innovative industries, fast food might not be the first type of business that springs to mind. But as an investor, your options for innovative companies aren’t limited to new frontiers like electric vehicles, online gambling, or space stocks.

Innovation is also a growth driver in the seemingly humdrum business of fast food. In many ways, innovations have shaped fast food as we know it today. A quick glimpse at the early years of the world’s largest fast food restaurant demonstrates how new ideas can translate to big upside for shareholders.

Innovation is a fast food ‘supersizer’
The original McDonald’s restaurant was opened in 1940 in San Bernardino, California. Using their own operational innovation, the application of production line manufacturing to fast food (dubbed the ‘Speedee Service System’), the McDonald brothers had a local hit.

Harry Sonneborn doesn’t get much pop culture recognition in the McDonald’s story, but the financial innovations he executed still shape the company today. Any time you hear an assertion that McDonald’s is in the real estate business and not in the hamburger business, think Sonneborn.

The company is so well known that many readers have probably already thought of other innovations: menu items like the Big Mac or Filet-O-Fish, the introduction of the Happy Meal, and of course the creation of Ronald McDonald.
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Yuli Ban
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When customers buy a cupcake at a Sprinkles bakery, they no longer line up at a cashier. Instead, they type into a tablet, swipe a credit card and wait for an employee to retrieve an order.

The kiosk system — which the cupcake chain began testing during at the beginning of the pandemic — initially allowed social distancing. Now, it helps the Austin, Texas-based company keep pace with increased online orders in a tight labor market where new employees are hard to find and retain. Its 20 locations will have the kiosks by early January, said Justin Murakami, Sprinkles senior vice president of operations.

To cope in these changing times, retailers and restaurants are stepping up investments in robots and other technology. Walgreens is turning to automation to fill prescriptions, while Sprinkles and Starbucks move to swap out cashiers for tablets. Elsewhere, Walmart-owned Sam’s Club is using robots to scrub store floors and scan inventory at some locations, and restaurant chains like Buffalo Wild Wings and White Castle are testing robots that can flip burgers or make chicken wings.
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Yuli Ban
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China has unveiled a set of ambitious goals to enhance automation in manufacturing, as it strives to become a global leader in bringing robots to the factory floor.
Under a five-year plan jointly published by several government agencies, including the Ministry of Industry and Information Technology, China aims to achieve a minimum annual growth of 20 per cent in robotics sales, and develop a group of industry champions to double the “robot density” of the world’s most populous country.

China has unveiled a set of ambitious goals to enhance automation in manufacturing, as it strives to become a global leader in bringing robots to the factory floor.
Under a five-year plan jointly published by several government agencies, including the Ministry of Industry and Information Technology, China aims to achieve a minimum annual growth of 20 per cent in robotics sales, and develop a group of industry champions to double the “robot density” of the world’s most populous country.
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Yuli Ban
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The debate around whether AI will automate jobs away is heating up. AI critics claim that these statistical models lack the creativity and intuition of human workers and that they are thus doomed to specific, repetitive tasks. However, this pessimism fundamentally underestimates the power of AI. While AI job automation has already replaced around 400,000 factory jobs in the U.S. from 1990 to 2007, with another 2 million on the way, AI today is automating the economy in a much more subtle way.
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Nero
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Re: Technological Unemployment News & Discussions

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Most the graphs that depict unemployment often do so with the majority of it occurring at the later end of the decade, more than half the people that will be made unemployed by automation will work until maybe 2027 or 2028, only a minor amount will become unemployed in the 2020-2025 timeframe
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Yuli Ban
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Now You Can Rent a Robot Worker—for Less Than Paying a Human
POLAR MANUFACTURING has been making ​metal ​hinges, locks, and brackets ​in south Chicago for more than 100 years. Some of the company’s metal presses—hulking great machines that loom over a worker—date from the 1950s. Last year, to meet rising demand amid a shortage of workers, Polar hired its first robot employee
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