Automation seems to be never mentioned in Ireland, and very rarely in mainstream media in any country. It seems like one of the 4 horses of the apocalypse galloping for us, yet nobodys really interested. Very strange.
Caught a headline on an article recently, stating that mcdonalds will be basically replacing 2'500 cashiers with technology by the end of the year. Just the tip of the mountainous iceberg heading for H.M.S Society. Heres an excerpt from the article:
McDonald's hits all-time high as Wall Street cheers replacement of cashiers with kiosks- Cowen says McDonald's will upgrade 2,500 restaurants to its "Experience of the Future" technology by year-end, which includes digital ordering kiosks.
- The firm raises its rating on McDonald's to outperform from market perform and price target for the shares to $180 from $142.
- Same store sales estimate for 2018 raised to 3 percent from 2 percent.
And how did investors react to the news? McDonalds shares rose.
To those feeling smug about not having to rely on retail jobs, you are
Next, and/or
Going to have to support the increasing numbers of unemployed, and/or
Going to fund the failing health systems that will be crushed beneath weight, and/or
lots more goodies!
So, two questions.
What do you think of automation in general, is it a doomsday clock or will it give you free time to masturbate while alternately fending for your life against the desperate hordes?
And secondly, do you think that the above problems of tax-take, infrastructural funding and so on will be answered by governments with.....more automation? ( Short-term thinking is rife, I think so)