What is the value of money when consumerism is required?
It appears that 60% of the economy in the USA is based upon consumerism. Therefore it will be quite important that to keep that consumerism up in the future when the retail trade is not dependent upon the receipt, as the purchase in the future will be accomplished up ones ‘smart’ phone and as RFID tags will be ‘read’ by devices upon a ‘Smart’ phone and a Retail Clerk and a teller machine is totally not necessary at all. One will walk in ‘read’ the RDIF tag, the merchandise in the store will be tagged as purchased by the person and flagged as purchased at that store and they will just walk out the store with the merchandise, through a device similar to what we see these days at most stores.
On-line Purchasing and distribution of the desired merchandise to the mail box at ones home will only be improved.
Therefore the retail clerks at teller machines will just be almost totally redundant, dealing with the cash and carry folk which will become a smaller and smaller set of people.
However, the work force will become smaller and smaller as the automation of the purchase and home distribution system will take control with the devices like the Smart Phone.
Therefore what will become of that totally reduced retail clerk work force, as the USA needs Consumerism to maintain a valid economy, and most of those positions will become lost and replaced by automation?
There will just be more and more people in the USA that have no employment; however, we actually need consumerism in the USA for a valid economy. Therefore there needs to be a stream of cash to many in the future that can’t get employment at all. Currently that is a fairly large set of folks, and as I see it that will just become a larger and larger set of people in the USA with nothing to do, but to play games and drink beer.