Where have all the workers gone?
The labor shortage will end by December. Just my little economic prediction.
...and defacto $15.00+/hour minimum wage.
I'll like a robot to hand me my coffee and pancakes. I don't need a waitress with an attitude to do that. We can save them for high class restaurants where they can earn much more in tips and the service is likely to be much better.
Companies need to fire more people in the call centers and install more robots. They always provide me with exactly the answers I need to my questions and they help keep my blood pressure low.
Tesla stock is relatively cheap right now, it is going to multiply quickly as Tesla robots get introduced for sale next year. Their robotics division might exceed their car profits in the next few years. They utilize many robots in their car factories, and are now developing humanoid type robots (Teslabot) that will replace some human workers.
https://www.youtube.com/watch?v=CV_1ka6_61w
And I’d bet the friggin’ robots are Chinese.
“Robots provide at least a temporary solution for businesses struggling to hire in the tightest job market since World War II, overshadowed by the pandemic, record high layoffs and huge economic shocks.”
BALONEY.
here in L.A. McD’s starts at $18 / HR> and they are STILL not hiring to their standards. They even have POSTERS about their starting wage above the Golden Arches. It’s better to receive welafre and EBT cards rthan work.
Gonna be interesting when surgeons are replaced by surgical robots.
What this creates is demand for robot manufacturing and tech for repair and maintenance.
Very few schools teach robotics as it involves mechanical as well as knowledge of electronics and computers.
We talk about eliminating demand for illegals in farming.
Nearly all farming can be simplified with robotics.
Robots are only useful in manufacturing. For the past 30 years the liberals have done everything to malign manufacturing jobs hence, the lack of workers. Robots are a great addition. And you really don’t want to waste human capital with the jobs a robotic arm can do. I am looking at a couple arms myself for the miserable jobs in my shop.
Labor shortages?like hell.They just want the cheapest laborers they can find that’s why so many employees were leaving their jobs.the pay is just not cutting it.
Robots won’t pee in your milkshake; don’t know about an oil leak, however :-)
Who are they buying robots from? A good investment?