amazon retail threat

Amazon Retail Threat Is Real To Woollies CEO | Interview by Peter Ryan ABC

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.

Driverless lorries could mean 600,000 lost jobs. It’s time we took a universal basic income seriously. | Evolve Politics

With trials for self-driving commercial lorries to take place in the UK within the next twelve months, the work days of thousands of Britain’s long-haul drivers may soon be numbered.Of course, these are only preliminary tests – it may well be a decade or more before driverless deliveries and long-distance haulage are an everyday reality. However,