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I didnt say anything about robots. Labor efficiency is not just about having a robot take your order, it's the difference between a McDonald's where all the pa
by fiter 9y ago
I didnt say anything about robots.
Labor efficiency is not just about having a robot take your order, it's the difference between a McDonald's where all the parts are pre-assembles elsewhere and a mom and pop joint where someone is hand-forming the patties.
Anyway, there is another article in this thread that explains how minimum wage increases tend to force the less efficient mom and pop joint out of business, thus accelerating the labor efficiency progress.
I'm for minimum wage increases, but I also believe that certain jobs will not exist with a high enough minimum wage. Any increase in minimum wage probably needs to be met with an increase in training/education.