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Automation and unemployment: Help is on the way
Many innovations come in the shape of machines that replace workers. We hear of cars that drive themselves, of robots that perform more and more tasks, and of how artificial intelligence can replace smart jobs. These technological developments cause alarm among many, and this has intensified since the last recession that began in 2008. The recovery from the recession has been slow, and especially in creating new jobs. That is why many have called it'a jobless recovery.'
As Rental Cars Fade Away, Avis Will Try Anything to Survive
A tidal wave of change is barreling toward the auto industry--and as with any wicked swell, some of the surfers in the water will ride to glory, others will wipe out. The difference between them isn't necessarily who has the right board or the experience or the natural skills. Success or failure can simply depend on who's in the right position to catch the wave. And while you might not bet that Avis is likely to hang ten, the 72-year-old rental car company--which has been around so long, it got the Nasdaq symbol CAR--is dead set on proving you wrong and sticking around for the foreseeable future. "There's a big, gaping open space here," says Ohad Zeira.