You are 100% correct here and people need to wake up adding new skills or thinking where they can fit in and add value. The fact is most will be out of work and why thinking head is so important. Taking over this business was one of those reasons as at least I know my family is earning money and it won't be taken away by some robot even though I would not mind an automated work force. Accountants, architects and those working in an office environment are going to be the first ones out. When I was over in France recently at the airport they had these automated polishing and cleaning machines working on the floor. I have never seen this before because here we still have people with buckets and mops or pushing a machine around so their days are certainly numbered. These are the basic unskilled jobs which we think will go first, but the higher the salary the spotlight is on your job first.
Once the cost of buying and maintaining a machine is cheaper than hiring a person, the decision gets made.
Have you started more automation in your warehouse?
No I sometimes do wish though because I hate seeing inefficiency, but would rather have people around vs machines. If the demand required it then yes you have to, but not on our numbers right now. We should have the entire punch bag market tied up before the end of this year, but 100 or 150 bags per day is the entire market. On the logistics side our warehouse is too small and would not justify the spend. I would definitely replace the drivers though with a self driving car given the chance.