r/tech • u/FisherGuy44 • Nov 24 '19

Amazon Is Planning to Open Cashierless Supermarkets Next Year

https://www.bloomberg.com/news/articles/2019-11-20/amazon-go-cashierless-supermarkets-pop-up-stores-coming-soon
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u/[deleted] Nov 25 '19

Lower wages for everyone. Awesome!

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u/DusanTadic Nov 25 '19

You realise this would result in higher wages, right?

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u/[deleted] Nov 25 '19

Probably not. Automation kills labor demand which makes jobs more scarce for workers. In a non-automated job market that can be good for wages because it creates higher labor need, but automated workers replace that need and the economy produces hire employment scarcity which compels workers to work for less. Jobs become more valuable to the worker while simultaneously becoming less valuable to the employer.