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I know several NYC employers, in several different BLS categories, taking pro-active steps to minimize latest round of MW labor cost increases by reducing headcount.
Exactly. We've done studies WITH people who have small businesses and in order to keep their doors open they'd have to reduce the headcount OR change the jobs to part time without benefits.
It's gotta come from someplace.
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Originally Posted by jackwinkelman
I would not be so sure there are creating these very realistic looking sex doll robots now, even hooters won't be safe.
No disagreement on any of these points. Why do you think companies want to automate as much as possible? You're agreeing with me.
And this is not an American issue. Countries with some of the cheapest labor possible are automating (and will continue to do so).
If a human can be replaced, he/she will be.
Of course competition will force it. If McDonalds fully automates and cuts costs by 20% bringing stock prices up and making their franchises more profits, Burger King and whoever else will have to do the same to survive. Labor costs can easily be 30% of the operating expenses.
The big question is what happens when we hit the tipping point and jobs are being replaced at much faster pace than can be added in some other industry.
Not whining, not calling in unless they need repairs, not leaving to work for someone else. A whole host of problems will be resolved for the business owner and created for those people who once had those jobs.
Nonsense post. Self-checkout registers have been around in stores for over 20 years, long before the $15 campaign. Automation in the workplace has been commonplace for at least 40 years. Menial tasks that can be automated, will eventually become automated no matter what, regardless of what the MW is. To blame it on the minimum wage is just nonsense.
Automating and raising profits = success, not failure
They will be lucky if they maintain their Gross Margins with automation. It probably won't increase profits, but maybe, and that is a BIG MAYBE, maintain them. McDonalds, and the other fast food places are franchises, made up of small businesses. The parent company just owns, and leases them the real estate, and sells them their supplies. They are a bunch of little guys trying to eak out a living.
I was on a tech call the other day with a large consulting firm and they were talking about all of the white collar jobs that will be impacted by automation in the coming years. Professions in tax, finance, sales--there was virtually no area that they looked at where there wasn't significant opportunity that would be acted upon in the coming years. So all of you who are feeling so smug and secure in your white collar jobs are going to find yourselves in the same boat in the near future.
Nonsense post. Self-checkout registers have been around in stores for over 20 years, long before the $15 campaign. Automation in the workplace has been commonplace for at least 40 years. Menial tasks that can be automated, will eventually become automated no matter what, regardless of what the MW is. To blame it on the minimum wage is sheer nonsense.
Who cares what the blame is. You seem to be hung up on don't blame the liberals for this.
Yes self checking registers have been around for a while as have self service gas stations. Basically the businesses are making the customer do the work of the employee.
What is happening now is a quantum leap in technology. You are naive to think nothing will change.
I was on a tech call the other day with a large consulting firm and they were talking about all of the white collar jobs that will be impacted by automation in the coming years. Professions in tax, finance, sales--there was virtually no area that they looked at where there wasn't significant opportunity. So all of you who are feeling so smug and secure in your white collar jobs are going to find yourselves in the same boat in the near future.
No doubt. Doctors too. It will be a paradigm shift for sure. I don't see anyone being smug. Artificial intelligence has made huge strides as well. More so than we know.
No doubt. Doctors too. It will be a paradigm shift for sure. I don't see anyone being smug. Artificial intelligence has made huge strides as well. More so than we know.
Exactly so. Basic income is going to become a necessity in the not to distant future because there is going to be very little work left for people to do to support themselves.
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