Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: central_va
The average annual revenue per employee is roughly $100,000 for small businesses, $200,000 for medium, $300,000 for large. Gross margins and employee costs vary greatly but labor costs are significant for many businesses.

The price of robots and automation falls about 10% per year. At some point in the not too distant future, robots will be cheaper than most human labor. That's a good thing until the robots become sentient and decide they don't need so many pets anymore.

54 posted on 07/03/2019 2:18:01 PM PDT by Reeses (A journey of a thousand miles begins with a government pat down.)
[ Post Reply | Private Reply | To 53 | View Replies ]


To: Reeses
Gross margins and employee costs vary greatly but labor costs are significant for many businesses.

I was talking about manufacturing of durable goods that are MASS produced. I was specifically targeting labor for things MADE IN FACTORIES AND IN MASS QUANTITIES.

61 posted on 07/04/2019 4:53:24 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
[ Post Reply | Private Reply | To 54 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson