August 17, 2017
...AND CHEAPER...:
End of the checkout line: the looming crisis for American cashiers (Julia Carrie Wong, 16 August 2017, The Guardian)
A recent analysis by Cornerstone Capital Group suggests that 7.5m retail jobs - the most common type of job in the country - are at "high risk of computerization", with the 3.5m cashiers likely to be particularly hard hit.Another report, by McKinsey, suggests that a new generation of high tech grocery stores that automatically charge customers for the goods they take - no check-out required - and use robots for inventory and stocking could reduce the number of labor hours needed by nearly two-thirds. It all translates into millions of Americans' jobs under threat.
Posted by Orrin Judd at August 17, 2017 6:44 AM