It’s trendy for public intellectuals to warn that technological advancement may soon lead to the “end of work.” While some might scoff at this prophesy, it’s valid for certain occupations. Unions that represent workers in skilled trade occupations have seen the “end of jobs” for decades and certainly take the threat seriously. A noteworthy example...

Summary: Labor unions and their left-wing friends are imposing a host of laws and regulations that are dramatically raising the cost of hiring workers. Minimum wage laws, Obamacare requirements, and many other policies are causing businesses to rethink new hires. Even expensive robots and other forms of non-human labor begin to make sense to strapped...

Editor’s Note:  This article by Mike Shedlock leads off with a report on “drone transport ships,” but moves on to explore a provocative and very pertinent question:  Are policies that create the “bubble economy,” i.e., artificially inflated asset values, partly motivated by a desire to counter the deflationary pressures caused by automation? We have explored...

“Robots will steal your job, but that’s ok.” Federico Pistono Anyone who has recently driven through Mountain View, in the heart of Silicon Valley, is likely to have had the memorable experience of sharing the road with a car that has nobody inside. Google’s “autonomous cars” are being tested there, and apparently they drive better...