A sucker is born every minute, and Warren Buffett just proved it. He agreed to spend an undisclosed sum of his shareholders’ money to buy a controlling stake in Pilot Flying J, the truck-stop chain that sells food, coffee and diesel fuel to truckers. But aren’t truckers about to be replaced by robots, and diesel by battery power?

The sucker in this scenario, we add, is anyone who believed such futuristic forecasts in the first place.

...