Thread regarding Sears layoffs

Some On This Board Will Not Be Pleased

Check out this article by a business reporter who is detested by some on this board. A company that is near and dear to our hearts is portrayed in a not so flattering manner!

https://www.msn.com/en-us/money/markets/an-american-jobs-threat-worse-than-coal-is-coming-to-your-hometown/ar-BBAyNVa?li=BBnb7Kz

by
| 3039 views | | 11 replies (last ) | Reply
Post ID: @OP+N5AV9FC

11 replies (most recent on top)

Another point is that I dont think anyone detests the reporter....we are just saying she isnt helping anyone out by just reporting the same old stuff. At this point it is obvious that Sears is struggling so why re state the obvious. It is like telling someone they gained weight as they aged....doesnt really do any good as the person already knows and is working on it. It just creates drama. What does good is being supportive and helpful and speaking about positives and boosting them up as opposed to dragging them down.

by
| | Reply
Post ID: @1kzt+N5AV9FC

@1cig; Are you seriously arguing that AI and other forms of automation are never going to be a threat to anything more than low-skill labor? IBM's Watson has been around for years, and is only improving over time. Other companies are developing similar software. While certainly not the most real-world scenario, you might remember Watson defeating two of Jeopardy's most successful contestants with a score higher than both combined, and that was six years ago.

As for the legal profession, it's not all trial and drama. In fact, trial lawyers are typically in the minority in their firms. A vast amount are employed doing the trench work of discovery, research, etc. Discovery, particularly ediscovery, is entirely within the competence of any Watson-like AI. Which do you think is going to be more efficient, a room full of humans scrolling through screen after screen of text, each only able to maybe skim a few pages a minute, or a software that can multi-task between any number of documents simultaneously, and which does not need to take a coffee or lunch break? Then take legal research. Westlaw and LexisNexis have been fully digitized for well over a decade, making them ideal platforms by which to be parsed by AI.

Sure, there will still be a need for some attorneys, like the aforementioned trial lawyers, but the circumstances are not all that dissimilar to the retail implosion, perhaps just deferred a decade or two. Retail will always need some overpaid executives to make various decisions that typically make everything worse for everyone, and perhaps a tiny amount of people in the end to do some niche functions that are unsuited for automation.

The point, as already mentioned by another poster, is that no field is truly safe from automation. Even where humans are still needed, there will always be emerging technology that minimizes that need. Some might say that the tertiary industry was the last fallback for large-scale employment. The primary and secondary had already experienced massive automation by relatively dumb robots and machines decades ago. If society does not choose wisely about what to do about this problem, we may see the wealth gap explode to levels not seen since feudalism.

by
| | Reply
Post ID: @1kzg+N5AV9FC

Yes. And you can also google articles claiming the earth is flat. I don't see your point.

by
| | Reply
Post ID: @1cig+N5AV9FC

If you google the subject, there are many articles online suggesting that many of the tasks currently performed by lawyers will be eliminated by artificial intelligence. These are mostly research tasks and others performed by entry level attorneys.

by
| | Reply
Post ID: @1ine+N5AV9FC

" I guess you believe sears won't go bankrupt too then huh?... "

sorry chief - I gots 100 January 2018 $5 puts that contradict that statement

by
| | Reply
Post ID: @omt+N5AV9FC

"Think BIG !!! Anything is possible"

I guess you believe sears won't go bankrupt too then huh?...

Thinking big is one thing. Being realistic is a whole other thing.

by
| | Reply
Post ID: @xlx+N5AV9FC

" Lawyers being replaced by robots is a massive stretch "

Think BIG !!! Anything is possible

by
| | Reply
Post ID: @iod+N5AV9FC

Lawyers being replaced by robots is a massive stretch considering how personal law is. With that logic you might as well replace the judge and jury with robots as well.....

by
| | Reply
Post ID: @abi+N5AV9FC

I don't think there is anything wrong with the article. It is just re stating what is happening in some of the stores. It isn't anything alarming or new.

by
| | Reply
Post ID: @qsw+N5AV9FC

That ain't exactly a hachet job against Sears - the reporter is writing about what is actually occurring in retail and has the potential to continue its extension to ALL manufacturing & service jobs.

The need for faster & cheaper has always existed, technology is just hastening the process, Take solace though, even the reporters job is at risk. The best thing is that EVEN a lawyers job is at risk of being performed by robots

A NYT bestseller: Rise of the Robots: Technology and the Threat of a Jobless Future by Martin Ford .... its the future economic model - you can even purchase it from Amazon and have a drone deliver it (lol), or get it as an audiobook that will read it to you as a bedtime story

As a former technologist the book's story is coming true

by
| | Reply
Post ID: @nxe+N5AV9FC

Meh. The article was fair. Pretty obvious which emotions she's trying to draw from her readers. None of them are helpful to sears or the associates who helped her write it..but whatever.

Shout out to one of the 'anonymous' associates that helped her though. Although she gave away your location, gender, and department....I don't even work at sears anymore but I could probably guess what department you're in assuming the numbers she wrote are accurate...

by
| | Reply
Post ID: @xwt+N5AV9FC

Post a reply

: