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Minimum Wage Human Capable of operating 24/7 in the $15/hr world is $131,400. >McDonald's former CEO Ed Rensi: "It’s cheaper to buy a $35,000 robotic arm than
by ZoeZoeBee 10y ago
Minimum Wage Human Capable of operating 24/7 in the $15/hr world is $131,400.
>McDonald's former CEO Ed Rensi: "It’s cheaper to buy a $35,000 robotic arm than it is to hire an employee who’s inefficient making $15 an hour bagging french fries."
- notahacker 10y agoSince we're talking about whether there's a mass market for domestic robots, that quote supports my point more than yours. A robotic arm consisting of non-novel technology capable of doing nothing more than bagging chips according to a set program costs $35k. As a householder, I don't need someone to bag chips for me 24/7. Having someone spend an hour cleaning my flat once a week would be quite useful. Unfortunately, the robot arm doesn't have enough moving parts or AI to do that, and even if it could, I could hire someone on a $15 minimum wage to do that on a weekly basis for 44 years for the same price as the robotic arm.