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world economic forum

02/10/2017 / By D. Samuelson

Jobless Future: Amazon to open supermarket staffed with robots

Jeff Bezos, the CEO of Amazon, uncharacteristically tweeted back at a recent New York Post article touting the technological titan’s plans to create a “two-story automated grocery store” with a 20% profit margin made possible by automation and robot employees. The article decreed that potentially 2000 of these grocery stores, ranging “between 10,000 and 40,000 square feet” were on Amazon’s radar. Those unheard […]

10/21/2016 / By D. Samuelson

Robots will replace 5 million human jobs by 2020

The World Economic Forum (WEF), located in Geneva, Switzerland is an impressive consortium of the global leaders of governments, CEOs in media, entertainment, technology and finance as well as policy makers in academia, international agencies and non-governmental organizations (NGO). The WEF meets annually in Davos to “improve the state of the world.” It is the WEF, according to Scienceworldreport.com, that declares we are in the midst of a “Fourth Industrial […]

08/30/2016 / By D. Samuelson

The third Industrial Revolution will see human workers replaced by machines

Like always, you have to follow the money. And the money is on the future. And boy are they chasing it! The future is about authentication. Your iris scan will suffice. It’s miles beyond identification. No Luddite screen names and passwords. The future is cashless. No fuss, no mess, no dirty dollar bills. The future […]

06/17/2016 / By D. Samuelson

Wendy’s moves to ’employ’ 6,000 robotic servers after $15 minimum wage hikes challenge efficiency

The World Economic Forum (WEF) has made the decree: We’re in the midst of a fourth industrial revolution. All those fast food folks fighting for $15 per hour wages are causalities. Here’s how the WEF describes it: “The Fourth Industrial Revolution, which includes developments in previously disjointed fields such as artificial intelligence and machine-learning, robotics, nanotechnology, 3-D printing, and […]

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