“Dramatic Change” Ahead: Robots Are Coming For 200,000 US Banking Jobs

“Dramatic Change” Ahead: Robots Are Coming For 200,000 US Banking Jobs By Tyler Durden A new report by Wells Fargo & Co., warns that nearly 200,000 US banking jobs are at risk of being displaced by robots. As we’ve explained in the past, accelerating technological advances in automation, artificial intelligence, and machine learning have the potential to reshape the world in the 2020s through 2030. The collision of these forces could trigger economic disruption far greater than what was seen in the early 20th century. Across the financial industry, a…

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Universal Basic Income + Automation + Plutocracy = Dystopia

Universal Basic Income + Automation + Plutocracy = Dystopia Op-Ed by Caitlin Johnstone Americans are discussing the possibility of a universal basic income (UBI) more seriously than ever before, largely due to the surprisingly popular campaign of Democratic presidential candidate Andrew Yang. Yang has made UBI the central issue of his platform, promising a “Freedom Dividend” paid for by a Value Added Tax on businesses which would give every American over the age of 18 an unconditional $1,000 a month to help offset the looming crisis of automation replacing US…

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Welcome to Your Driverless Future!

Welcome to Your Driverless Future! By corbettreport We’ve all seen the propaganda by now: Like it or not, autonomous driving technology is on the way. But what will that future look like? Should we be concerned about the lack of control implicit in these technologies? How vulnerable they are to hackers, both criminal and deep state? Or the fact that our entire society is about to be re-engineered before our very eyes? Join James for this thought provoking episode of The Corbett Report as he explores the road ahead on…

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