Buggy-whip Makers (Or is that Cabbies?) Want a Bailout

Apparently in 21st Century America if you job is made obsolete by technology, you feel entitled. New York’s Taxi Cartel Is Collapsing. Now They Want a Bailout. | Foundation for Economic Education

In New York, we are seeing a collapse as inexorable as the fall of the Soviet Union itself. The app economy introduced competition in a surreptitious way. It invited people to sign up to drive people here and there and get paid for it. No more standing in lines on corners or being forced to split fares. You can stay in the coffee shop until you are notified that your car is there.

My heart bleeds for them.

The National Labor Relations Board is currently enacting rules that will kill the franchise business model from the top down. The rising minimum wage insanity will cause automation to show in places where it was never dreamed of. (There is already a company developing a hamburger-making robot. How long do you think it will be at $15 per hour, before they make sense?) I wonder how long it will be before I can 3D print a car.

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