Autonomous Vehicles to Put Four Million People Out of Work?
by Bob Adelmann
TheNewAmerican.com
Friday, 16 September 2016
Whenever economic change takes place, there are those who ask: Where will those displaced find other work? In counting the costs involved as autonomous vehicles (i.e., driverless cars, self-driving cars, robotic cars, etc.) continue to revolutionize how people move, Wolf Richter of Wolf Street concluded that more than four million people will lose their jobs:
• Two million heavy truck and tractor-trailer over-the-road drivers;
• One and a half million delivery truck drivers;
• 250,000 taxi drivers and chauffeurs; and
• 500,000 Uber and other “ride-sharing” drivers.
He asked:
What are the 3.5 million professional and trained full-time drivers going to do? … What are the part-timers going to do? …
Over 4 million jobs is a big number. These people can’t easily switch to writing software. There’s no room for them in manufacturing. Even the fast-food sector is getting automated.
The Rest…HERE
