Some reliable predictions but Uber is losing money right now. How long can they go on doing that?
--- Uber is just a software tool, they don't own any cars, yet they are now the biggest taxi company in the world.
https://www.salon.com/2018/01/14/losing-money-rapidly-how-long-can-uber-last/
“We are a technology company, not a transportation or taxi company. So we don't have to follow taxi laws.”
One real big issue is that places like China, India & Asia will be devastated because of their massive populations.
Most of their manufacturing jobs that employ the masses will soon be gone.
No doubt The West will also suffer but smaller countries will suffer the most.... Makes you wonder who will be buying these wonderful new smart products?
But change is coming. I see it everyday in my job & I've lost count of how many people I know who are no loner around.
So what can you do? I'm 53 soon and right now my company just finished laying off lots of people.
There's another cull scheduled for March/April that will see further redundancies.
I care but there's nothing I can do about it. A guy I worked with for over 18 years took his package with a smile. What else could he do?
Meanwhile our politicians talk about enterprise bargaining and changing the labor laws to entice jobs back to Australia. Good luck with that.
This is how farming insects was depicted in the recent Blade runner movie. Yummy!