My local McDonald's has gone from 12 employees and one manager on staff for mornings down to 6... three cooks and three counter and drive up personnel and one manager... they added two new positions but they are order kiosks...6 hard working college students lost their job due to ridiculous minimum wage hikes... Once again a bunch of idiot do gooders doing great harm to make themselves feel good...hey libs!!!!! stop trying to help people you don't know what the hell you are doing!!!!
Automation is going to replace between 28-35% of jobs in the next 10 or so years. You can rail on about it being a minimum wage hike all you want. The truth is you can not stop automaton.
Correct, you cannot stop it, but you can slow it down.
When businesses have to make a decision, it's based on long-term profitability. Automation is expensive, but the question is it more or less expensive than human labor?
When a company finds that humans are more expensive than the investment and maintenance of machines, they buy the machines.
Then there is the employment of those who design, build, install, and maintain the automation....that is new employment that seems lost on trying to save the buggy whip manufacturers of the 21st century.
People are PAID their value. The talent of flipping burgers is not very marketable because ALMOST anyone above room temperature can flip a burger.
Brain surgeons make alot of money because not everyone can perform brain surgery.
it's supply and demand...an economic absolute.
When people ask, I always them a worker is only worth as much as his or her employer can find somebody else to do the same job with the same quality.
If you make $15.00 an hour and your employer refuses to give you a raise, and he finds somebody else for $14.00 an hour, then you were overpaid. If he can't find anybody unless he offered $18.00 an hour, then you were underpaid. If he finds somebody else to do your job for the same wage you were making, you were earning the going rate.
It has nothing to do with how hard one works or how much education they have. One of the ten worst paying jobs is a hair stylist. Why? Because many women want to be a hair stylist for a living, so you have an over supply of labor and salons can find people to work for just about nothing.
It's also why I quit electronics school many years ago. Everybody and their mother wanted to be an electronics tech, so you couldn't find a job for anything and that's why employers paid very little. Even after one or two years of schooling, you made less than double of minimum wage.