Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Increased automation is a natural and predictable response to unreasonable hikes in minimum wage rates. Any satisfaction you see from some people when it actually comes to pass stems from the fact that they are seeing a sane response in an increasingly insane world, not because they enjoy seeing people lose their jobs.
"There is no correlation between a mandated arbitrary min. wage and automation"- you average economic ignoramus
There is correlation between increase labor cost and automation, but its part of a bigger system, the correlation thats relevant is between decrease liabilities and profit, anytime you decrease your liabilities you increase your profit, CEOS are in the business of increasing profits there isnt a threshold where they care about profits, if they can save 30% of labor costs by automatizing at our current min wage or 50% at the living wage of 15/hr is not like they are going to pass up that 30%. Automation is coming to that field because its saves money and increases profits, its coming whether the min wage is 5/hr or 15/hr, as soon as someone figures out how to do it cheaper than human labor they will, once its up and running other companies will start making automation systems for that specific application and then the economies of scale will kick in then the equipment will be cheaper and easier then it wont make sense to pay people 2/hr.
If you take all the low wage restaurant/ fast-food jobs away with robots/automation the industry will canibilize itself - because no matter what you say or think wealthy folks will not / don't eat garbage fast food.
Of course they do. Studies have revealed that households earning over $75k are more likely to eat fast food weekly (51%) than households earning under $20k (39%).
The CEO of Carl's Jr./Hardee's has shown himself to be a passive aggressive jerk.
It's 2016 and automated cashiers for fast food is hardly a groundbreaking innovation. Fast food restaurants aren't keeping people working the front counter out of the goodness of their hearts. They do it because a determination has been made that doing so is more profitable than automating the ordering process.
So he needs to man-up and say what he wants about taxes and minimum wage without passively threatening people's jobs. His whole "the move speaks for itself" when talking about consolidating offices in Nashville was even more pussyfooting, half-truth, passive aggressiveness.
Well, unfortunately you need affordable and high quality education for this...something conservatives vehemently oppose.
This is exactly right. Instead of squandering tens of billions of dollars on a wall, we should be spending money preparing for the very near future and the great changes that are quickly coming. But it would be a waste of money to educate our population so we are able to compete in the 21st Century--at least according to many of our rightwing friends.
People who rejoice over folks losing their jobs are actually advocates of welfare, food stamps, and subsidized housing.
Pretty much.
Quote:
Originally Posted by JAMS14
This is exactly right. Instead of squandering tens of billions of dollars on a wall, we should be spending money preparing for the very near future and the great changes that are quickly coming. But it would be a waste of money to educate our population so we are able to compete in the 21st Century--at least according to many of our rightwing friends.
You are swimming against the tide. Automation is on the brink of making obsolete nearly half the jobs in America within the next decade, and that includes many white collar jobs.
"What globalization did to blue collar jobs and the working class economy over the past 30 or 40 years, big data, artificial intelligence and robotics will do to the white collar economy — and at a much, much faster pace."
Good Post
Some bring up examples in the past of the horse carriage makers being put out of business and having to re skill themselves in building cars.
From the Industrial Revolution to the present, all these changes were made for one big reason.
To provide for the basics of human life, being food, transportation, shelter and healthcare.
When all those basics are automated, there is really is no need for human labor.
When the horse carriage was still around, there were millions of horses in this country for Food and Transportation.
Where are all the millions of horses at?
Also, as we get closer to the point where everything is automated, why do we need CEO's and Owners for these places? We can use software to automate their jobs as well.
Some would say that we still need them for the capital to build these places.
Again, where are they going to get the capital if no one has a job to buy their stuff?
What is going to happen is people out of necessity of survival are going get politically involved in having our taxes do the automation for us. We do not need private business if it can all be automated.
The private companies that are going full automation are actually digging their own graves.
Sounds like a few generations from now, humans will need to acquire a taste for Soylent Green.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
