Those seeking a cheap means of investing in autonomous vehicles would be better served by Ford (NYSE: F) which as trading at $11.94 a share on September 25, 2017, but reported a net income of $3.803 billion and a free cash flow of $4.057 billion on June 30, 2017.Read more
As you can see all four waves of Technological Unemployment are ongoing and simultaneous. The phenomenon is driven by technological progress, a development that began long before our grandparents were born and will be ongoing long after our grandchildren are dead.
It also means that there are several threats to our jobs as technologies and techniques from the different waves get combined. For example an automobile, a first wave machine can be combined with a computer; a third wave device, and an artificial intelligence – a fourth wave technology – to produce a self-driving car.Read more