In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
It looks as if the technological jobs apocalypse is occurring at America’s largest employer Walmart.
The world’s largest retailer has plans for a store where customers would simply take merchandise and walk out the door without stopping at a register, Recode revealed. Instead, cameras, sensors, and employees on the floor would keep track of purchases.
Buss based his estimate on the number of store closings reported so far in 2017; 2,880, Bloomberg reported. If Buss’s prediction comes true the number of store closings in 2017 will exceed the record number in 2008, the year of the Great Economic Meltdown.
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Sooner or later, Trump will have to face the retail-jobs apocalypse, particularly if he wants to get reelected. Although dealing with it might doom his administration, because it might expose just how ineffective his policies might be and how hollow his promises seem.
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Hundreds of thousands of retail jobs are vanishing before our eyes.
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