The world of automation
#1006
Re: The world of automation
Again with the naive?
There have been a series of articles on news.con.au pushing a Gerry Harvey PoV - all positive or siding with Gerry over something or other. Basically it's a murdoch organ, and it can be bought to push 'stories', which are really adverts, for any brand you want.
Take a look at what they have run over the past year https://www.google.com.au/search?q=G...%3Anews.com.au
Reality is Harvey Norman shares have been hit hard over that time; losing over 30% of their value and the target of short sellers - but you wouldn't know it from the news.com.au stories. That's why you get the stories trying to claim 'everything's fine', 'look at this new innovation', and 'Amazon are overblown'. If sales are hit as expected over the christmas period and Gerry can't get financing, his fixed asset costs could spiral him into the ground.
There have been a series of articles on news.con.au pushing a Gerry Harvey PoV - all positive or siding with Gerry over something or other. Basically it's a murdoch organ, and it can be bought to push 'stories', which are really adverts, for any brand you want.
Take a look at what they have run over the past year https://www.google.com.au/search?q=G...%3Anews.com.au
Reality is Harvey Norman shares have been hit hard over that time; losing over 30% of their value and the target of short sellers - but you wouldn't know it from the news.com.au stories. That's why you get the stories trying to claim 'everything's fine', 'look at this new innovation', and 'Amazon are overblown'. If sales are hit as expected over the christmas period and Gerry can't get financing, his fixed asset costs could spiral him into the ground.
#1007
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: The world of automation
Again with the naive?
There have been a series of articles on news.con.au pushing a Gerry Harvey PoV - all positive or siding with Gerry over something or other. Basically it's a murdoch organ, and it can be bought to push 'stories', which are really adverts, for any brand you want.
Take a look at what they have run over the past year https://www.google.com.au/search?q=G...%3Anews.com.au
Reality is Harvey Norman shares have been hit hard over that time; losing over 30% of their value and the target of short sellers - but you wouldn't know it from the news.com.au stories. That's why you get the stories trying to claim 'everything's fine', 'look at this new innovation', and 'Amazon are overblown'. If sales are hit as expected over the christmas period and Gerry can't get financing, his fixed asset costs could spiral him into the ground.
There have been a series of articles on news.con.au pushing a Gerry Harvey PoV - all positive or siding with Gerry over something or other. Basically it's a murdoch organ, and it can be bought to push 'stories', which are really adverts, for any brand you want.
Take a look at what they have run over the past year https://www.google.com.au/search?q=G...%3Anews.com.au
Reality is Harvey Norman shares have been hit hard over that time; losing over 30% of their value and the target of short sellers - but you wouldn't know it from the news.com.au stories. That's why you get the stories trying to claim 'everything's fine', 'look at this new innovation', and 'Amazon are overblown'. If sales are hit as expected over the christmas period and Gerry can't get financing, his fixed asset costs could spiral him into the ground.
I am simply pointing out that those retail stores that change their model are surviving, and growing. There are humans that like to get out you know, test drive stuff, feel it, watch it, talk about it. Its all about the experience. For all generations.
Just because I wrote about this back then and the press is now doing the same doesn't mean you need to get upset. Its ok to be wrong every now and then.
#1008
Re: The world of automation
I'm the one with facts and evidence on my side.
Retail sector is weak, with poor sales, and poor margins. And that is before Amazon comes in.
https://www.businessinsider.com.au/a...survey-2017-10
The only stores that are surviving well, and are expected to weather the Amazon onslaught, are those that have been cutting their costs .....
Retail sector is weak, with poor sales, and poor margins. And that is before Amazon comes in.
https://www.businessinsider.com.au/a...survey-2017-10
The only stores that are surviving well, and are expected to weather the Amazon onslaught, are those that have been cutting their costs .....
#1009
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: The world of automation
I'm the one with facts and evidence on my side.
Retail sector is weak, with poor sales, and poor margins. And that is before Amazon comes in.
https://www.businessinsider.com.au/a...survey-2017-10
The only stores that are surviving well, and are expected to weather the Amazon onslaught, are those that have been cutting their costs .....
Retail sector is weak, with poor sales, and poor margins. And that is before Amazon comes in.
https://www.businessinsider.com.au/a...survey-2017-10
The only stores that are surviving well, and are expected to weather the Amazon onslaught, are those that have been cutting their costs .....
To many, the combination of high levels of household indebtedness, weak wage growth, falling savings rates, out-of-cycle mortgage rate increases and surging energy costs have only amplified concern about the state of household finances, casting doubt about the ability of households to sustain their spending levels, let alone increase them, despite robust employment growth.
No division between online and in-store or both? Everything is on a downward cycle at present from a previous up turn.
Nothing about automation either.
More points to Beoz.
How are the farmers?
#1010
Re: The world of automation
Do you actually read the articles in full you post?
To many, the combination of high levels of household indebtedness, weak wage growth, falling savings rates, out-of-cycle mortgage rate increases and surging energy costs have only amplified concern about the state of household finances, casting doubt about the ability of households to sustain their spending levels, let alone increase them, despite robust employment growth.
No division between online and in-store or both? Everything is on a downward cycle at present from a previous up turn.
Nothing about automation either.
To many, the combination of high levels of household indebtedness, weak wage growth, falling savings rates, out-of-cycle mortgage rate increases and surging energy costs have only amplified concern about the state of household finances, casting doubt about the ability of households to sustain their spending levels, let alone increase them, despite robust employment growth.
No division between online and in-store or both? Everything is on a downward cycle at present from a previous up turn.
Nothing about automation either.
Where you are still wrong.
#1011
Re: The world of automation
I have addressed it many times. Lets do it again. Firms would rather implement technologies that make money, not save money. Remember, saving is finite, making money is infinite. The finite takes a back seat to the infinite.
Its quite the opposite. Technology companies do want to impoverish their customers. They want the money in their customers bank accounts, moving to their own. The problem is, if their customers have no money, there's no money to shift.
As we know, the first thing technology companies wind back when economic hard times hit is R&D, and they revert to maintaining the existing customer base.
If any of what you say has an ounce of truth, and a large portion of world finds themselves without money, the last thing they will be buying is technology, and as a result, technology development stagnates because the technology companies are without money too.
Are you starting to see how this works?
BTW, how are those farmers doing?
Its quite the opposite. Technology companies do want to impoverish their customers. They want the money in their customers bank accounts, moving to their own. The problem is, if their customers have no money, there's no money to shift.
As we know, the first thing technology companies wind back when economic hard times hit is R&D, and they revert to maintaining the existing customer base.
If any of what you say has an ounce of truth, and a large portion of world finds themselves without money, the last thing they will be buying is technology, and as a result, technology development stagnates because the technology companies are without money too.
Are you starting to see how this works?
BTW, how are those farmers doing?
Nobody wants to impoverish customers, nevertheless, it happens. Why wouldn't it happen in a free market? Are you suggesting a control economy?
Farmers are practically a non existent segment, if anything they prove technological unemployment.
#1012
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: The world of automation
So, first I point out that your story is just Gerry Harvey wank, and you claim that with innovative ideas like 'demonstrating the product', they are 'surviving and growing the business'. So I point out that the share price has fallen 30% and the entire retail sector is in the doldrums. And now you are back to trying to talk about automation again.
Where you are still wrong.
Where you are still wrong.
What are you trying to prove here? This thread is about automation. This discussion is about you trying to prove online is killing live retail.
You have proved neither.
You need to better qualify your articles.
#1013
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: The world of automation
They will implement both technologies, cost saving and revenue generating. Why does it need to be a dichotomy? The point on the cost saving remains, jobs are lost.
Nobody wants to impoverish customers, nevertheless, it happens. Why wouldn't it happen in a free market? Are you suggesting a control economy?
Farmers are practically a non existent segment, if anything they prove technological unemployment.
Nobody wants to impoverish customers, nevertheless, it happens. Why wouldn't it happen in a free market? Are you suggesting a control economy?
Farmers are practically a non existent segment, if anything they prove technological unemployment.
#1014
Re: The world of automation
Correct. And what happen to all those who were manual labourers on farms? Did it happen over a long period of time? Did mass unemployment happen as a result (remember farm workers were a massive proportion of the work force). Did they move into other jobs, created by technology advancements? (Tractor drivers, factory workers, etc).
#1015
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: The world of automation
We've been through this before. Essentially my contention is that AI will make things different this time, yours is that it won't, that despite having machines that think faster and better than humans, that have lower costs, some kind of high value work will emerge for the millions of displaced common workers. I really don't see it, and so far, I don't think anyone else sees what the new industry will be. Perhaps a sky based pie manufacturing facility, something like that.
#1016
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: The world of automation
Oh darn. Someone forgot the humans.
https://www.commercialrealestate.com.au/news/automated-restaurant-firm-eatsa-closes-five-outlets/
https://www.commercialrealestate.com.au/news/automated-restaurant-firm-eatsa-closes-five-outlets/
#1017
I still dont believe it..
Joined: Oct 2013
Location: 12 degrees north
Posts: 2,775
Re: The world of automation
What happens when skynet, which will of course be managing financial markets, decides that humans need for their happiness to have ‘employment’ but of course to prevent upsetting financial markets nothing that is sold can get to the marketplace, and sets up the Soylent Green Pie factory with fully automated abbatoir and meat handling of course but manual pie construction and free individually delivered distribution / shipping by human.
#1018
Re: The world of automation
What happens when skynet, which will of course be managing financial markets, decides that humans need for their happiness to have ‘employment’ but of course to prevent upsetting financial markets nothing that is sold can get to the marketplace, and sets up the Soylent Green Pie factory with fully automated abbatoir and meat handling of course but manual pie construction and free individually delivered distribution / shipping by human.
#1019
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: The world of automation
What happens when skynet, which will of course be managing financial markets, decides that humans need for their happiness to have ‘employment’ but of course to prevent upsetting financial markets nothing that is sold can get to the marketplace, and sets up the Soylent Green Pie factory with fully automated abbatoir and meat handling of course but manual pie construction and free individually delivered distribution / shipping by human.