Don't Fear the Robot

Remember fear of automation?  It's baaa-a-ack.

The problem is not automation, but greedy CEOs who pay themselves gigantic, disproportionate sums and follow the dangerous and misguided principle of "maximizing shareholder value” to distribute profits to themselves, often caring little whether the company even survives 10 years down the road. What’s it to them? They’ll have their pay packages and can move on. The perverse misuse corporate profits is the real culprit, not Rosie the Robot.

There are flaws in the argument, naturally, one of which is that corporate honchos are short-sighted like Mr. Magoo.