Amazon plans to use automation to replace more than 600,000 workers who would otherwise be hired in the United States by 2033, according to internal documents obtained by The New York Times. By that time, the company is expected to sell about twice as many goods as it does today.
Amazon’s robotics team is reportedly working toward the goal of automating 75% of its entire business. By 2027, it is expected to eliminate around 160,000 jobs in the US, saving the company an estimated $12.6 billion — equivalent to around 30 cents per item delivered.
Depressing bit of the day: I don’t have the source with me right now but there was a claim on youtube that the top 1% make up for like half of the consumer market in the USA.
Half of everything sold in dollars is done by the ultra rich. Everyone else is basically irrelevant and driven to extinction under capitalism, if that is accurate.
They’re not buying 50% of the junk on Amazon, they’re buying yachts and supercars.
Those studies do not refer to item volume, they refer to monetary value.
If a business can earn more by selling 5 cars worth half a million each per year, instead of trying to sell 20 or even 30 Cars under 40k to average people their entire business model will shift to cater to billionaires and multi millionaires.
The bulk of average people are becoming irrelevant to the current capitalist market, that’s the point.
Interesting, I’ve recently heard the automotive market is starting to cater to the $70k+ crowd and so this tracks somewhat. That said, the 1% accounting for 50% of consumption still sounds incredible.
1% is not just the ultra-rich. It likely includes a lot of people on lemmy right now