Little-Acorn
Gold Member
Nice work, liberals!
With your continued demands for higher and higher Minimun Wages for the least-skilled workers, you have managed to price a large segment of your base right out of the labor market.
Business that keep paying humans higher wages will start losing businesses to businesses that pay less for robots, and so can charge lower prices for their products. And their boards of directors (and shareholders)will start asking their CEOs why they didn't use the technology to stay competitive.
Will the former min-wage workers (soon unemployed) show you the "appreciation" you deserve for doing this?
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Building robot McDonald's staff 'cheaper' than hiring workers on minimum wage
Building robot McDonald's staff 'cheaper' than hiring workers on minimum wage
By Jessica Haworth
10:18, 25 May 2016
Updated 17:32, 25 May 2016
The worrying forecast could threaten jobs at the fast food franchise, a former CEO of the company warns
A former McDonald's CEO warned that robots will take over staff jobs at the fast food empire - because it's cheaper than employing humans. Ed Rensi has said that buying highly skilled robotics is a cheaper alternative than employing people on minimum wage to work in the company's worldwide restaurants. He warned that huge job losses are imminent, and commented that it would be 'common sense' to replace humans in the workplace.
This comes as a study into the future of human employment has predicted a surge in machine-led work such as robotic counsellors, body part makers and virtual lawyers.
The worrying research, by professor of management practice at London Business School, Lynda Gratton, and futurologist David A. Smith, suggests that humans will be replaced because robots are able to produce better results. Prof Gratton said: "Studies have suggested that a third of jobs in Europe will be replaced by technology over the next two decades."
If the recent comments are to be believed, McDonald's staff could face the same fate. Former CEO Ed Rensi said: "I was at the National Restaurant Show yesterday and if you look at the robotic devices that are coming into the restaurant industry. It’s cheaper to buy a $35,000 (£24,000) robotic arm than it is to hire an employee who’s inefficient making $15 (£10.20) an hour bagging French fries. It's nonsense and it’s very destructive and it’s inflationary and it’s going to cause a job loss across this country like you’re not going to believe."
He told FOX: "It’s not just going to be in the fast food business. Franchising is the best business model in the United States. It’s dependent on people that have low job skills that have to grow. Well if you can’t get people a reasonable wage, you’re going to get machines to do the work. It’s just common sense. It’s going to happen whether you like it or not. And the more you push this it’s going to happen faster."
With your continued demands for higher and higher Minimun Wages for the least-skilled workers, you have managed to price a large segment of your base right out of the labor market.
Business that keep paying humans higher wages will start losing businesses to businesses that pay less for robots, and so can charge lower prices for their products. And their boards of directors (and shareholders)will start asking their CEOs why they didn't use the technology to stay competitive.
Will the former min-wage workers (soon unemployed) show you the "appreciation" you deserve for doing this?
------------------------------------------------
Building robot McDonald's staff 'cheaper' than hiring workers on minimum wage
Building robot McDonald's staff 'cheaper' than hiring workers on minimum wage
By Jessica Haworth
10:18, 25 May 2016
Updated 17:32, 25 May 2016
The worrying forecast could threaten jobs at the fast food franchise, a former CEO of the company warns
A former McDonald's CEO warned that robots will take over staff jobs at the fast food empire - because it's cheaper than employing humans. Ed Rensi has said that buying highly skilled robotics is a cheaper alternative than employing people on minimum wage to work in the company's worldwide restaurants. He warned that huge job losses are imminent, and commented that it would be 'common sense' to replace humans in the workplace.
This comes as a study into the future of human employment has predicted a surge in machine-led work such as robotic counsellors, body part makers and virtual lawyers.
The worrying research, by professor of management practice at London Business School, Lynda Gratton, and futurologist David A. Smith, suggests that humans will be replaced because robots are able to produce better results. Prof Gratton said: "Studies have suggested that a third of jobs in Europe will be replaced by technology over the next two decades."
If the recent comments are to be believed, McDonald's staff could face the same fate. Former CEO Ed Rensi said: "I was at the National Restaurant Show yesterday and if you look at the robotic devices that are coming into the restaurant industry. It’s cheaper to buy a $35,000 (£24,000) robotic arm than it is to hire an employee who’s inefficient making $15 (£10.20) an hour bagging French fries. It's nonsense and it’s very destructive and it’s inflationary and it’s going to cause a job loss across this country like you’re not going to believe."
He told FOX: "It’s not just going to be in the fast food business. Franchising is the best business model in the United States. It’s dependent on people that have low job skills that have to grow. Well if you can’t get people a reasonable wage, you’re going to get machines to do the work. It’s just common sense. It’s going to happen whether you like it or not. And the more you push this it’s going to happen faster."