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Ex-McDonald’s CEO says raising the minimum wage will help robots take jobs
The Washington Post ^ | May 25, 2016 | Matt McFarland

Posted on 05/25/2016 7:17:46 PM PDT by MinorityRepublican

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To: TomServo

Not to mention you can’t rob a robot. That would put some of the more “enterprising” residents of the ‘hood out of work.


41 posted on 05/26/2016 6:35:49 AM PDT by PLMerite (Compromise is Surrender: The Revolution...will not be kind.)
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To: MinorityRepublican
What do we do as a society when millions of low skilled workers are suddenly out of jobs/

BLOAT!

42 posted on 05/26/2016 6:58:33 AM PDT by BlackbirdSST (Trump/2016 - The (R) Nominee! Good morning Mr. President!)
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To: Soul of the South

That all may be true, but it is also irrelevant. The Kiosk has been tried. It failed. Appreciate the effort you put into the reply. Interesting bits you provide.


43 posted on 05/26/2016 9:47:15 AM PDT by gunsequalfreedom
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To: Soul of the South
Ultimately it would happen even at current wages.

You're right. But not for another decade or two at current wages.

44 posted on 05/26/2016 2:01:00 PM PDT by MinorityRepublican
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To: gunsequalfreedom

“The Kiosk has been tried. It failed. “

Failure in the marketplace may be the result of timing or execution. Apple introduced the “Newton” personal digital assistant in 1993. It failed. However other competitive products (Palm for example) were successful. Apple incorporated some of the multi-touch concept and technology years later in highly successful iPad and iPhone products.

Wal-Mart’s first attempt at a combined discount store/food store was Hypermarket USA. This attempt to bring the European hypermarket concept to the USA failed. However, Wal-Mart reworked the concept for the US market and it was reintroduced with modifications as the Walmart Supercenter. Supercenters were a significant driver of growth in the 1990’s and early 2000’s.

The first laserdisc video players, with large platter discs, were a failure in the marketplace. Years later, small size DVD’s were introduced and replaced VHS videotape as the primary medium for distributing video content in the retail and rental markets.

The kiosk may have been tried. Failure of one execution does not mean a new execution will fail.


45 posted on 05/26/2016 7:04:47 PM PDT by Soul of the South (Tomorrow is gone. Today will be what we make of it.)
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