Posted on 09/09/2015 11:37:35 AM PDT by thackney
>> “someone moving on to their lifestyle acreage”
They have that in Australia too, I see.
When my company bid on an Australian navy specification it stated explicitly that we could not use Australian flagged merchant ships, Australian owned transport and we’d have to price bringing technicians and personnel to unpack, test and install. We protested that the latter would add huge costs. The reason, it turned out, was the Australian navy was so plagued with labor issues that they didn’t want any Australian anybody involved until the navy took ownership. I’d imagine they’re like England before Margaret Thatcher broke the unions.
Minimum wage in Australia is $640 a week.
That trend has been reducing China's labor cost advantage, making it more profitable to have an automated factory here than a coolie factory in China.
The average salary of an experienced welder is about $60,000 a year.
Multiply $60,000 by 60 and you have : $3.6 Million a year in wages.
Three $150,000 robots is just $450,000 !!
Of course you have to consider parts and maintenance. But when balanced against payroll taxes, medical and sick leave benefits, there really is no contest.
I am of course, assuming that the $150,000 price per robot is accurate.
As long as the commissars here don't tax more than the commissars in China.
That and regulation still a big determinant.
Continue to put people out of work for automation and pretty soon nobody has a job to buy your crap. Hmm.... Not everyone can write software or be a doctor.
I could use a little bit of that myself.
Yes but I hope robots put illegals out of work first.
Not everyone can write software or be a doctor, which is why those positions can demand higher than average pay. But automation does not necessarily create unemployment. Wage laws and regulations that price labor out of the market are what create unemployment.
There is literally no end to the things people want done, the issue is always - at what price?
Many decades in that claim have shown to be false. We don't stop working, we go on to more productive work.
Won’t happen. American lives don’t matter.
So how are you going to stop it?
Yeah today because robots are rudimentary compared to where they will be in 10-20 years and then will put 80% of the workforce out of business. Once they become truly bipedal or mobile with some AI they will replace most of everyone.
The problem comes when the skill level it takes just to have a job keeps rising. What are you going to do with all of those, who frankly won’t be qualified to do much more than basic manual labor?
10-20 years? all the Senators voted for the Corker bill so then Iran will be able to nuke the USA into a glass parking lot, We have 5 years max.
Look for the union label? ;/
I try my best to buy American I guess we need to get labels stating robot made?
Unemployment numbers withstanding, right?
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