Tuesday, December 6, 2016

Digital Revolution Is Displacing Workers

The digital revolution, a mixture of technology and artificial intelligence (AI), will displace millions of jobs from cashiers to teachers. Millions of workers struggling to find their purpose in a changing world will turn to government for help and/or support. Governments struggling with contracting tax revenues as socialism drives the AI revolution faster than people expect will disappoint more than help.

Headline: Amazon just launched a cashier-free convenience store

Amazon just unveiled a grocery store without lines or checkout counters. Amazon Go, a 1800-square-foot retail space located in the company’s hometown of Seattle, lets shoppers just grab the items they want and leave; the order gets charged to their Amazon account afterwards.

Amazon Go works by using computer vision and sensors to detect what items you’re taking out of the store. You start by scanning an app as you enter the Amazon Go shop. You do your normal shopping, and the sensors throughout the store identify the items in your cart and charge them to your account when you walk out the door. It’ll feel like shoplifting, except you’re actually being watched by more cameras than you can imagine.



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