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Maybe not, but it could replace low-wage jobs in developed countries. Imagine a 24-hour fast-food restaurant that employs several people at minimum wage. A ro
by ken 15y ago
Maybe not, but it could replace low-wage jobs in developed countries.
Imagine a 24-hour fast-food restaurant that employs several people at minimum wage. A robot could work all 3 shifts around the clock nonstop, not require much space, and be "trained" in new types of food preparation with an instantaneous software upgrade.
My economics professor once said he'd heard that if minimum wage got up to $20/hour, it would be cheaper for McD's to use robots. This is changing the other side of the equation.
- repsilat 15y agoMinimum wage in Australia is $15.51/hour + 9% superannuation contribution. This comes out to $16.91/hour or USD17.23/hour. If these things can work 24/7 with the same productivity of a worker on minimum wage they'll pay themselves off in eight months (plus/minus other costs associated with employees and these machines).