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  1. P

    Which way is the economy heading?

    I call BS on that. If you look at the banks, how many tellers are there now compared to 1980 when it was a manual cash economy? Fast food like McDonalds is rife for this disruption as the product is pretty commoditised. If you can commoditise a product then you can automate its manufacture and...
  2. P

    Which way is the economy heading?

    I agree with you overall. I wonder how many robotic engineers we will need though.
  3. P

    Which way is the economy heading?

    This is going to be a problem that will become more global in nature. If it is economic to place robots in place of people in economies with high unemployment or low wage structures then what jobs are there for the entitled middle class in countries like Australia. Extend the trend into...
  4. P

    Which way is the economy heading?

    People used to replace people in newly created jobs. Now people are made redundant and replaced by technology. I was reading the other day about a McDonalds trial that is using kiosk ordering systems to take orders. If you can afford to replace a minimum wage $4.50 ph worker with kiosks then it...
  5. P

    Which way is the economy heading?

    Well that was good for Gerry Harvey :)
  6. P

    Which way is the economy heading?

    Choosing not to make a new investment is a decision also. I agree with Willair that Brisbane looks softer than the media portrays. Cheers Shane
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