Jobs at Amazon are changing but total jobs for humans across the economy are falling. What is the answer? Less hours? Universal Basic Income? Amazon is on the forefront of automation, finding new ways of getting robots to do the work once handled by human employees. Source: As Amazon Pushes Forward With Robots, Workers Find
Woolworths has posted a $1.5 billion full-year profit, but reported a loss for its troubled Big W retail chain. Chief executive Brad Banducci says Woolworths like other retailers is also watching the arrival of Amazon closely. Catherine Wood, chief executive of the US-based advisers Ark Invest focuses on nothing but disruptive innovation in America. Ms Wood spoke with the ABC’s Peter Ryan.