*By Conor White*
Automation doesn't have to be a job-killer.
That's according to Wade Foster, the CEO of Zapier, which creates technology that allows different workplace apps to communicate with each other.
"The key thing that automation provides is it allows machines to do the things they are really, truly best at," explained Foster in an interview on Cheddar Wednesday. "And then it allows humans the creative angle to work. We're able to find better stories to tell our customers, we're better able to invent new ways of doing things that we haven't done before."
It might be a good thing for those in sectors like technology and media, but others ー those, for example, in manufacturing industries ー will feel the negative effects of technological advances. The World Economic Forum estimates that five million jobs will be lost to automation by 2020. In an interview Wednesday on Cheddar, Foster said it's important not to forget about those workers.
"When you look at blue collar work and things like that, I think we will have to find ways to transition the knowledge that's learned there to help folks find new ways of helping society move forward."
Overall, Foster is optimistic when it comes to automation and about the impact it will have on the world at large.
"Instead of replacing jobs, it's actually helping \[companies\] achieve more, grow revenue," he said. "And in turn they're able to actually create more jobs because they're better able to do things they haven't been able to do before."
For the full interview, [click here](https://cheddar.com/videos/could-automation-actually-be-good-for-workers).
VMG Consumer Acquisition Corp, a blank check company targeting consumer and retail companies, has officially hit Wall Street. The company listed its $200 million IPO on the NASDAQ, trading under the ticker symbol 'VMGAU.' Aarti Kapoor, CEO of VMG Consumer Acquisition Corp, joined Cheddar Movers to discuss.
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Carlo and Baker wrap up the week talking about the Biden economic boom that no one seems to notice, a verdict in the Jussie Smollett case, the first Starbucks union in America and the pleasures of the "dude nod."
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Rainmaker Games bills itself as a blockchain-based organization founded in the metaverse, built on a new type of gaming ecosystem called play-to-earn. The company announced a $6.5 million seed round after it was founded just this year. Rainmaker Games CEO and founder Will Deane joins Cheddar News' Closing Bell to discuss.
Analysts are all-in on tech giant Apple, issuing bullish ratings this week and calling it a 'safety blanket' and one of the best assets for investors in 2022. This comes as Apple edges closer to a $3 trillion market cap. Mario Stefanidis, Vice President at Roundhill Investments, joins Cheddar News' Closing Bell to discuss why analysts are bullish on the tech giant, how close the company is to hitting a $3 trillion market cap, and more.
