foxnews.com/tech/amazon-machines-replace-thousands-of-jobs
The machines, which were being tested in a few warehouses in recent years, are able to scan goods coming down a conveyor belt and put them in custom-built boxes a few seconds later.
The machines can pack up boxes at a rate of 600 to 700 per hour, or four to five times as fast as human workers, according to Reuters, which first reported the development.
Also at: Reuters
(Score: 0) by Anonymous Coward on Sunday May 19 2019, @09:03PM (2 children)
Let me show you how this system will fail.
Take section 8 housing. Good deal for those who can get into it. ~500-1000 a month for housing depending on where you live.
Lets say for the area they make it 500 dollars for housing. Well lets say I do not want to deal with you. I set my price to be 550 a month. Not terribly much more. But I can tell you from first hand experience the people who use section 8 do not come off the extra 50.
What does that mean? Everyone will raise their prices. You will create an inflation blip and the world will move on from it. You will also create a recession from it. No getting around it. Oh it will be short term. But it will do it. Then after it is all said and done you have created a tax on people who save and a new tax on everyone when they buy something. But at least everyone gets 1000 dollars. Big deal. It would end up being a big do nothing and create jobs that are functionally useless.
(Score: 3, Insightful) by Bobs on Sunday May 19 2019, @09:25PM (1 child)
Nice theoretical, ivory tower argument.
In the real world, just about anyplace you can get Section-8 housing there is already a waiting-list months long: demand far outstrips supply.
Everybody offering Section-8 is charging the max the government allows, and
Offering a UBI will have effectively zero impact on the availability or price of section-8 housing.
(Score: 0) by Anonymous Coward on Monday May 20 2019, @12:31AM
I use section 8 as an example of something *like* UBI.
Depending on the state you live in section 8 is either pre-approved places or a stipend and any place is possible (with in price ranges). There are 2 types of landlords. The let it rot landlords. They *love* section 8. Easy to flip. The the others as investment property owners. They do everything they can to keep people out like that. They usually destroy the place. They have no skin in the game. (source: I know many landlords).