Page 1 of Robots cheaper than minimum wage?

Quote:
Fmr. McDonald's USA CEO: $35K Robots Cheaper Than Hiring at $15 Per Hour


http://www.foxbusiness.com/features/2016/05/24/fmr-mcdonalds-usa-ceo-35k-robots-cheaper-than-hiring-at-15-per-hour.html


Quote:
As fast-food workers across the country vie for $15 per hour wages, many business owners have already begun to take humans out of the picture.

“I was at the National Restaurant Show yesterday and if you look at the robotic devices that are coming into the restaurant industry -- 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 -- it’s nonsense and it’s very destructive and it’s inflationary and it’s going to cause a job loss across this country like you’re not going to believe,” said former McDonald’s (MCD) USA CEO Ed Rensi during an interview on the FOX Business Network’s Mornings with Maria.

I guess they'll have to get jobs making the robots, until the robots are making the robots?

which in the long term will be good, none of us will need to work, as the robots will do everything?


https://admars32.wordpress.com/

About a year too late...

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Jitendar Canth

Quote:
"I thought what I`d do was, I`d pretend I was one of those deaf-mutes."

Site Reviewer at DVD Reviewer & MyReviewer

Carving out a niche with a pneumatic drill at Anime @ MyReviewer.com

Is it safe to let computers write computer code? I mean a certain amount of it, technically they already do.

But if you could let them write it all, would you? :)

Editor
MYREVIEWER.COM

My Flickr Photostream

yeh, I mean look at FrontPage, that does/did a great job ;)

https://admars32.wordpress.com/

I think that's very short-term thinking from him there as think of all the maintenance and repair (and upgrades) that would have to be factored in as well as software updates...

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Si Wooldridge
Reviewer

http://synth.myreviewer.com

Quote:
which in the long term will be good, none of us will need to work, as the robots will do everything?
Its OK having a no hour week and plenty of leisure time, but what are you going to live on, fresh air?

If humans don't need to work, how do you decided who earns what? All earn the same? Communism? :)

Editor
MYREVIEWER.COM

My Flickr Photostream

Quote:
Rob Shepherd says...
"If humans don't need to work"
Excess to requirements.
Skynet. 


Snaps

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My new Flash Fiction blog. All my own work
500ish

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I used to be with it, but then they changed what `it` was.
Now, what I`m with isn`t it, and what`s `it` seems weird and scary

Really interesting interview on R4's PM a couple of years ago with James Burke (made the excellent late 70s tv programme Connections about science history) where he talks about where we will be by the next century.

He has predicted the dominance of nanotechnology to allow everyone to make all the things they need in their own home - including their own home. Essentially this will be 3d printing taken to the next level.

What this means is that there will be no need for factories, power stations, workplaces, money... The whole fabric of society will completely change. Towns will no longer be necessary as we won't need to congregate, no economies, no rich and poor. But very hard to predict exactly what this will do to society.

He's got a lot of his earlier predictions right.

http://www.newstatesman.com/business/2013/09/forty-years-until-we-get-personal-nanofactories

There was a science fiction book or play, cannot remember, where future society was turned upsidedown by the 'poor' getting the most credits, so had to spend all their time spending them, and the 'rich' had less credits, so could sit back and relax.