Posted on 05/29/2015 6:55:36 AM PDT by Rusty0604
Dongguan-based private company Everwin Precision Technology Ltd is pushing toward putting 1,000 robots in use in its first phase of the zero-labor project, China National Radio reported. It said the company has already put first 100 robots on the assembly line.
"The 'zero-labor factory' does not mean we will not employ any humans, but what it means is that we will scale down the size of workers by up to 90 percent," said Chen Qixing, the company's board chairman.
After the work on smart factory started, Chen predicted that instead of 2,000 workers, the current strength of the workforce, the company will require only 200 to operate software system and backstage management.
"It is necessary to replace human workers with robots, given the severe labor shortage and mounting labor costs," said Di Suoling, head of Dongguan-based Taiwan Business Association.
Shortage of Labor?
There is no shortage of labor. There is no shortage of skills either. Rather, there is a shortage of people willing to work for what factory owners are willing to pay.
And with cheap money everywhere you look, there is plenty of money at low rates to buy robots.
Meanwhile, back in the US, McDonald's employees think they are worth $15 an hour for taking orders and handing people a sack of crap.
High wages means fewer jobs. CNN accurately reports Robots will Replace Fast-Food Workers.
Panera Bread is the latest chain to introduce automated service, announcing in April that it plans to bring self-service ordering kiosks as well as a mobile ordering option to all its locations within the next three years. The news follows moves from Chili's and Applebee's to place tablets on their tables, allowing diners to order and pay without interacting with human wait staff at all.
(Excerpt) Read more at globaleconomicanalysis.blogspot.com ...
"Introducing the Zero Labor Factory (90% Free Actually); Robots at Chili's, Applebees, Panera"
Leftists have a problem understanding that.
/johnny
I was told by our esteemed "captains of industry" in the 70s and 80s they needed to exploit the cheap Chinese labor to make things cheaper for the consumer. Well robots cost the same whether they are in China, the USA or on the moon. With all the cheap energy in the USA we either need to move our factories back here or tariff the hell out of imports.
This robot propaganda is complete engineering nonsense ....
5.56mm
Instead of paying money as tuition to attend a school, consider the “in-kind” contribution of time as the cost of getting an education in the school of life, learning the necessary skills and motivation to compete for a REAL living wage further down the road.
And I agree, the real minimum wage is $0.00. Paying tuition to professors is a NEGATIVE wage, the more so if useful skills are not being learned and honed.
“The real minimum wage is $0.00.
Leftists have a problem understanding that.”
++++
because liberals are effing’ stupid? Just an observation..
Where’s that article from a couple days back about how “new” Hostess has one 500 staff factory with 80% of the output of 14 “old” Hostess factories that employed 9000 staff?
Leftists have a problem understanding economics in general. Over here, they are importing millions of unskilled, uneducated “workers” and demanding $15 minimum wage.
We have the lowest labor-force participation rate in 45 years. 1 in 14 American workers is now on long-term social-security disability. a minimum wage worker will lose about 25-30% of their paycheck off the top with taxes and insurance - even though they can get it back later. 55% of Americans receive some kind of means-tested check from the US Government We have everything from OSHA to lawyers on TV who will sue your employers from you. The government gives Americans, especially males, every incentive NOT to work, and we give companies every incentive NOT to hire.
And you wonder why things are manufactured in China?
I am talking about robotic manufacturing.
Same thing - China, Vietnam, Robots. The Federal Reserve has issued fiat money and manipulated interest rates to zero. The cost of capital is tiny for large companies, while as I mentioned, the cost and barriers to hire labor is actually very high.
It was real disgusting thing, the closing of thousands of factories in the USA but it takes real scum bag to blame the unemployed as lazy. Doing that is a real < expletive deleted > thing to do.
There are about 5 threads ongoing with China sabre rattling. Would a free trader like yourself care to comment on just one of them?
That was my thought. ;)
/johnny
Wonder if there will be a new version of these:
http://en.wikipedia.org/wiki/Luddite
I want an answer as to why we need to OFFSHORE robo- factories?
The country that taxes the least is the one that will have the most robo-manufacturing.
You have the logic-less emotional response of a leftist. Businesses close and open all the time. First of all, how many Americans want to work making sneakers or stitching garments? As a society and government, we are not encouraging businesses to open or remain in the USA, in fact we are incentivizing them to leave the US. The US government with 1000 different regulations, debt and fake interest rates is incentivizing vast parts of the labor force to remain unemployed.
A minimum wage of X effectively makes it illegal for an individual with sub-X skills to be employed.
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