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Automation in theory SHOULD, in the process of destroying jobs, make many things cheaper so people are able to afford things that were previously out of reach,
by sharperguy 4y ago
Automation in theory SHOULD, in the process of destroying jobs, make many things cheaper so people are able to afford things that were previously out of reach, creating new jobs in those sectors.
- brunoborges 4y agoLast I checked, no grocery store got price drops thanks to self-checkout.
- klipt 4y agoDue to stickiness prices almost never drop, but they can grow slower than inflation, which in the limit has the same effect.
- ben_w 4y agoIn addition to the other comment, the cashier is almost none of the price. Assuming £10/hour and a cashier that can scan an average of 20 items per minute (which is probably 20 items in 20 seconds and then waiting 40 more for the customer to dig out their wallet), that's 20*60 items per hour = 1200 items per hour = 120 items/£1. I assume it's mainly useful for other reasons?
- sharperguy 4y agoThis is why I put emphasis on the word "should".