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Nike has a market capitalization of over $200B. I’d guess if they could do away with human labor for $500M they would just do it. Cut labor costs and eliminate
by throwaway9980 5y ago
Nike has a market capitalization of over $200B. I’d guess if they could do away with human labor for $500M they would just do it. Cut labor costs and eliminate their sweatshop labor practice PR problems in one fell swoosh.
- colinmhayes 5y agoNike does their manufacturing in sweatshops. Probably already cheaper than robots and technicians would cost.
- Matrixik 5y agoSewing is hard problem for robots but they are already here and promise prices similar to low wage countries: https://softwearautomation.com/ https://softwearautomation.com/
- patcon 5y ago> I’d guess if they could do away with human labor for $500M they would just do it. I see what you did there :)
- robbmorganf 5y agoRemember that Nike only manufactures a small amount itself. Most is contracted out to factories overseas with different incentives.