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WalMart Shelves Its Robot Inventory Clerks

These costly experiences are helping businesses better understand when automation works and when it just doesn’t

The WalMart automation project started in 2017, as part of an effort to compete with Amazon: Walmart, which posted record online sales in its recent quarter, now has more workers walking the aisles to package online orders, extracting new data on inventory problems, people familiar with the situation told the Wall Street Journal, which was the first to report this news. Reuters Staff, “Walmart drops plans to use robots for tracking inventory” at Reuters Here’s some background: Walmart ended the partnership because it found different, sometimes simpler solutions that proved just as useful – something that came to light during the coronavirus pandemic as more shoppers flock to online delivery and pickup, forcing Walmart to have workers physically walk store…

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Students, Don’t Let Smart Machines Disrupt Your Future

Three ways you can avoid life in Mom’s basement and the job pouring coffee

At first sight, the number of options might seem bewildering. The key question is: Will you ignore the coming job disruption, fear it, or treat it as an opportunity?

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Robotic Accounting Department

The future of number crunching

Technology has almost entirely replaced the travel agent as well as many brick and mortar stores. But high tech tools like bots are replacing employment in, of all places, accounting. Show Notes 01:30 | Introduction; Jeremiah Marks 02:00 | Forbes and AI accounting prime time 03:00 | What is Mint? 04:48 | Natural language recognition in accounting 06:15 | What…

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Workers at Hino Motors Manufacturing Indonesia, Indonesia

Is AI Creating the Conditions for Marxist Revolution?

An analyst looks at the conditions then and now
Last summer, we noted Karl Marx’s eerie AI prediction; he felt that capitalism would fall when machines replaced human labor. While today’s market economy doesn’t seem in a hurry to fulfill either prediction, some see artificial intelligence as enabling a comeback of his theories. Read More ›
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Is the Future of Work Relentlessly Urban?

Amazon’s new combined New York and Washington headquarters may provide an unintended test
The idea of two different locations would likely be unworkable apart from the internet. But some wonder if Amazon has grasped all the implications of the internet. Read More ›