Editors' pick: Originally published Dec. 6.

Shares of Amazon (AMZN) - Get Report were slightly higher in mid-morning trading on Tuesday, the day after the e-commerce giant announced that it would open its first physical grocery store to the public in Seattle early next year. The store won't have checkout counters because payment will be done through the app, allowing customers to avoid the frustration of lines.

This is 100% the future of grocery shopping, Rosecliff Capital CEO Mike Murphy said on Fox Business' "Varney & Company" on Tuesday morning. While the technology may not take over the sector tomorrow, it's another example of how technology is changing every little part of our daily lives.

In fact, chicken producer Tyson Foods (TSN) - Get Report announced on Monday that it was starting a $150 million venture capital fund because tech is changing the way people do everything, including how they buy groceries, Murphy noted.

While this is exciting new technology, this type of digital grocery shopping will only account for 5.4% of the total $674 billion spent in the country by 2021, Fox Business' Adam Shapiro reported. Today, it's only 1% of the market share. "If you buy stock based on this technology, you're going to have to hold it for about 20 years before it pays off," he advised.

In addition, this is another example of tech taking away jobs as the minimum wage increases, noted Bubbatrading.com founder and show guest Todd Horwitz. Other examples include Little Caesar's, which has basically automated everything except for someone to open the door and greet customers. In addition, Burger King and McDonald's (MCD) - Get Report are implementing kiosks in restaurants where you can order your food as a way to "wipe out" part-time employees.

(Amazon.com is held in the Growth Seeker portfolio. See all of the holdings with afree trial.)