The Fallacy of Re-Training after AI – Anthony Repetto – Medium

Technologists propose that displaced workers be re-trained. If a company saves money by replacing workers with algorithms or robots, their savings are marginal; it's the difference in cost that counts. If robots replace those jobs, it will be because robots are somewhat cheaper -- say, $20,000 a year in amortized costs? With over 300k employees, most of those packing boxes, that would provide Amazon upwards of $3 Billion in savings. Can we expect Amazon to provide new salaries for those lost workers?