“We customers are the source of the constant innovation in robotics. We keep asking suppliers to sell us what we want to buy cheaper. If those who sell to us do not comply with our demand, and some of their competitors do, then they will find themselves out of work. We should not blame the robots. We should not blame the stars. We should not blame greedy capitalists. We should blame ourselves. We are the greedy people who want cheaper goods, better goods, and goods delivered more rapidly. Those companies that are switching to robots are not doing this out of their fear of robotics. They are doing this out of this fear: fear of their customers.”
http://www.garynorth.com/public/13953.cfm
Related posts:
Jacob Hornberger: The Evil of the National-Security State, Part 1
FATCA: 'Simple premise' gone terribly wrong
Trick or Treat: Is Trump a Blessing or a Curse to the Deep State?
The Gig Economy Makes Karl Marx’s Dreams Come True
Declare Detroit a Free City
Bill Bonner: The war on the young
Donald Trump didn't create presidential dictatorship -- he inherited it
Three major fault lines in Syria! Will they explode?
14 Questions People Ask About How To Prepare For The Collapse Of The Economy
Investing In a World of Make Believe
On Translating Securityspeak into English
Don’t Dismiss the Possibility of Gold Confiscation
Jacob Hornberger: Dismantle the International Checkpoints
The Luddites Among Us
The Financial Case for Borrowing Money Today