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Technology Stocks : Drones, Autonomous Vehicles and Flying Cars

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To: Glenn Petersen who wrote (1517)12/20/2017 11:25:26 AM
From: zzpat  Read Replies (1) of 1659
 
What's missing is basic economics. Young people won't train to be truck drivers if there aren't any trucks to drive so they won't lose their jobs. They'll never start them. There's plenty of time for attrition to allow older drives time to retire before autonomous trucks take over.

AI has been cutting jobs from Wall Street to Main Street for decades.

Where did all the workers go when machines started doing everything? And more importantly where is all the money that was spent on workers and benefits going? To Wall Street. There's no place else for it to go. Everyone has to get in the market or get screwed but where do they get the money when there aren't any jobs left?

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