Originally posted by MS WarehouseNot completely true. First off most large corporations would only have to increase their average transaction by about 10 cents to a dollar to make up for any lost profits. That is per transaction and not item by the way. Even still an increase minimum wage does not necessarily point to an equal adjusted increase in prices. There are things that companies still have to account for such as competitive pricing and the overall price people are willing to pay for items.
That's kinda my point in regards to what I said as well as what you said. I understand the emotional benefit of it but the long term economical benefit (at least in my understanding of basic economic principles) cannot be positive. Using simplistic economics, if wages go up, prices go up. If prices go up, sales go down/profits go down/people get laid off. Imagine paying MCD's workers $15 an hour. What would happen to the price of their meals? The $1 meals are gone. The lower class may or may not be able to afford MCDs anymore or would probably choose a cheaper alternative. Aside from "helping employees", I don't see a long term economic benefit to this. We saw a wonderful example of this with a Seattle firm, although one can argue that the implementation was poor to begin with. Unless the higher ups are willing to take a long term pay cut (and some people obviously might), it doesn't seem like workable thing, at least the way it's set up now.How should it work exactly? What's a "shit" wage?
Remember when gas hit insanely high in America but there was limit of price increases that saw Americans hit their max point. Then the companies immediately begin lowering prices. I mean there were other factors as well but that was also one of them.
Originally posted by It's xyz!That's only the case if you actually look at people making the current minimum wage.
Pretty sure it's people below 30 or 25.
But we are talking about all Americans that would benefit from a minimum wage increase which is 35 years old.
http://www.epi.org/publication/wage-workers-older-88-percent-workers-benefit/
Also the automation of jobs has been the standard economic and industrial throughout most of civilization. Within the last couple 100 years more so due to the technology spike we've been going through.
I do think there is an interesting conversation in this thread to be had though. And that is the fact that we as a society are constantly trying to innovate technology which fundamentally often leads to job loss in some sectors especially in automation. We currently have a society based on people earning livings through jobs. So at some point will our automation and technology reach such a level that style of society will no longer be feasible?
This machine is also relatively inexpensive to operate compared to human workers; it doesn't call in sick or get hurt or randomly walk off the job either. Momentum Machines estimates that every fast food franchise in America spends an average of $135,000 annually on staffing. By replacing these people with this machine, the fast food industry could save upwards of nine billion dollars a year—a savings that could be reinvested in much better quality ingredients without raising the cost of the product itself. Now that is a tasty burger.
Originally posted by Time-Immemorial
The liberals and Suto Intellectuals in Silicon Valley are providing technology to businesses to replace the worker as wages go up, businesses will just replace their staff with more robotics offered by the tech industry.Introducing Robo Burger
http://gizmodo.com/5962656/this-robo-griller-can-flip-360-burgers-an-hour
[b]Built by San Francisco-based Momentum Machines, this robotic burger maker is designed to do the work of three full-time kitchen staff.
The current alpha version of the machine grinds, stamps, and grills patties (made to order), then cuts and layers lettuce, onions, pickles, and tomatoes before slapping everything on a bun and wrapping it to go. The only human labor involved is that needed to take the customer's money and hand over the completed burger. [/B]
Originally posted by jaden101
I'd like to see the evidence behind the claim that companies developing robotic technology and more so those companies who will utilise robotic technology to replace their unskilled, minimum wage employees are all run by lefties.
Boom , if you read the link you would see it was already posted.
Originally posted by Time-ImmemorialBoom , if you read the link you would see it was already posted.
The link only states that an automatic burger maker has been invented and that it could save the fast food industry money on wages. This isn't anything different than industries like printing, car manufacturing and countless others have been doing since the beginning of the industrial revolution.
You seem to be insinuating that if the lefties weren't campaigning for a higher minimum wage that companies who pay employees that wouldn't be looking for technologies to replace their workforce with an automated alternative.
You are also insinuating that these technologies are only being invented by liberal run technology companies and being bought and used by liberal run businesses looking to get rid of their employees.
None of that is even mentioned in the article.
Moreover you're insinuating that liberal politicians are somehow colluding with companies who employ minimum wage workers to give them a legitimate excuse to get rid of their employees.
Your proof for this is that a company made an automated burger maker.
I'm glad you can't refute anything I posted and now being ignorant to the point and trying to marginalize the article by saying that this isn't proof and suggesting this is a single instance.
You also didn't read the article so you literally have no clue what you are saying.
You basically tried to disprove me by writing an opinion piece. While ignoring reality.
Originally posted by Time-ImmemorialI've read the article top to bottom and it really does not mention anything about the left raising minimum wages, left leaning companies trying to automate workers, or Hillary at all.
I'm glad you can't refute anything I posted and now being ignorant to the point and trying to marginalize the article by saying that this isn't proof and suggesting this is a single instance.You also didn't read the article so you literally have no clue what you are saying.
You basically tried to disprove me by writing an opinion piece. While ignoring reality.
Originally posted by Time-Immemorial
I'm glad you can't refute anything I posted and now being ignorant to the point and trying to marginalize the article by saying that this isn't proof and suggesting this is a single instance.You also didn't read the article so you literally have no clue what you are saying.
You basically tried to disprove me by writing an opinion piece. While ignoring reality.
It's not an opinion that automation has been taking place since the industrial revolution. Textile manufacturers, car manufacturers, household appliance companies have all done it. Were they all part of a lefty conspiracy in your mind too?
These technological developments will happen regardless of a minimum wage rise because companies are always looking to cut costs. Attempting to make it out as some liberal conspiracy, which is exactly what you were doing with the "cigar smoke filled rooms" nonsense is just patently idiotic.
Now if you want to provide proof of it you'll have to post the names of all these robotics manufacturers CEOs and board members and post proof of their liberal politics then the CEOs and board members of all the companies who buy those technologies and their political leanings including campaign donations to liberal politicians along with lobbying. Then you'll have to correlate which politicians received money from those companies with their voting or campaigning for an increase in the minimum wage.
John Tammy a Forbes writer wrote a book on it already which disproves you.
Www.amazon.com/who-needs-fed-abolish-Americas/dp/1594038317
Also as if I have to prove liberal Silicon Valley is not liberal.😂
I don't have to prove air exists.
Originally posted by Time-ImmemorialSorry that they are raising the minimum wage as a scheme to destroy jobs.
So your unable to connect the dots?And denying the left wants to raise minimum wage?
The article flat out says the company is a silicone based company.
I'm having trouble finding you serious right now.
Funny you ant to respond here but duck out elsewhere.
And all Silicone based companies are automatically left leaning?
And where else did I duck out of?
😂
More lies, disproving a positive is on you. I just posted one company doing this.
Let's talk about Uber, the self driving car.
Should we keep going with more companies aiming to replace entire industries.
Uber, McDonald's, Auto Manufacting, Banking, Service Industry, Medical Industry.
The minimum wage increase is a lie to swap the demographics of the minority immigrant voting base they are importing. Liberals promise jobs when the jobs are being sold out to corporations who are replacing the workers for cost effective machines.
Originally posted by Time-Immemorial
😂More lies, disproving a positive is on you. I just posted one company doing this.
Let's talk about Uber, the self driving car.
Should we keep going?
You're the one claiming all the tech companies and the businesses which buy their products are run by liberals.
I'll give you one to start with, shall I?
An easy one...Elon Musk.
I guess this isn't proof either
http://www.npr.org/sections/money/2015/05/21/408234543/will-your-job-be-done-by-a-machine