-:Undertaker:-
13-01-2014, 06:58 PM
http://thelibertarianrepublic.com/meet-robotic-minimum-wage-kiler/#axzz2qDf0SUEY
Meet The Robot That's a Minimum Wage Killer
https://d1e1g6hlwfi0h5.cloudfront.net/wp-content/uploads/2014/01/hamburger-machine.jpg
Robot Makes 360 Gourmet Burgers In An Hour
SAN FRANCISCO, CA - Small business owners in Southern California have struggled against high taxes and a rising minimum wage for years. But a new robotics startup in San Francisco called Momentum Machines wants to sooth the burdens created by oppressive government by designing a machine that will solve these problems.
http://i2.wp.com/thelibertarianrepublic.com/wp-content/uploads/2014/01/hamburger-machine-11.png?resize=460%2C288
According to Momentum Machines, making burgers costs US$9 billion a year in wages in the United States alone. A machine like the burger robot could revolutionize the fast food industry. The company’s website reads: “Our alpha machine replaces all of the hamburger line cooks in a restaurant. It does everything employees can do except better.”
But don’t think that the makers of the burger machine are necessarily anti-worker. Their website reads: “The issue of machines and job displacement has been around for centuries and economists generally accept that technology like ours actually causes an increase in employment. The three factors that contribute to this are 1. the company that makes the robots must hire new employees, 2. the restaurant that uses our robots can expand their frontiers of production which requires hiring more people, and 3. the general public saves money on the reduced cost of our burgers. This saved money can then be spent on the rest of the economy. We take these issues very seriously so please feel free to tell us how we can help with this transition.”
The automatic device will still require some humans to put the ingredients in, but once it’s loaded it can crank out up to 400 burgers per hour. The machine stamps the patties, puts on the toppings (cut fresh to order) and then bags the burger. The company believes the device will pay for itself in just under a year.
Momentum Machines is hiring for certain positions. Do you think they pay above minimum wage?
In both Britain and America there's an ongoing push to raise the minimum wage/introducing a 'living wage' lately which all sounds well and good but isn't economically wise to do. Still, the free market as ever has a way to get around government regulations/requirements and here just one example is: had companies been able to take more younger, unskilled people on for less then the demand for such a product would have been less.
Interesting and clever development. Free market 1, The State and Luddites 0.
Thoughts?
Meet The Robot That's a Minimum Wage Killer
https://d1e1g6hlwfi0h5.cloudfront.net/wp-content/uploads/2014/01/hamburger-machine.jpg
Robot Makes 360 Gourmet Burgers In An Hour
SAN FRANCISCO, CA - Small business owners in Southern California have struggled against high taxes and a rising minimum wage for years. But a new robotics startup in San Francisco called Momentum Machines wants to sooth the burdens created by oppressive government by designing a machine that will solve these problems.
http://i2.wp.com/thelibertarianrepublic.com/wp-content/uploads/2014/01/hamburger-machine-11.png?resize=460%2C288
According to Momentum Machines, making burgers costs US$9 billion a year in wages in the United States alone. A machine like the burger robot could revolutionize the fast food industry. The company’s website reads: “Our alpha machine replaces all of the hamburger line cooks in a restaurant. It does everything employees can do except better.”
But don’t think that the makers of the burger machine are necessarily anti-worker. Their website reads: “The issue of machines and job displacement has been around for centuries and economists generally accept that technology like ours actually causes an increase in employment. The three factors that contribute to this are 1. the company that makes the robots must hire new employees, 2. the restaurant that uses our robots can expand their frontiers of production which requires hiring more people, and 3. the general public saves money on the reduced cost of our burgers. This saved money can then be spent on the rest of the economy. We take these issues very seriously so please feel free to tell us how we can help with this transition.”
The automatic device will still require some humans to put the ingredients in, but once it’s loaded it can crank out up to 400 burgers per hour. The machine stamps the patties, puts on the toppings (cut fresh to order) and then bags the burger. The company believes the device will pay for itself in just under a year.
Momentum Machines is hiring for certain positions. Do you think they pay above minimum wage?
In both Britain and America there's an ongoing push to raise the minimum wage/introducing a 'living wage' lately which all sounds well and good but isn't economically wise to do. Still, the free market as ever has a way to get around government regulations/requirements and here just one example is: had companies been able to take more younger, unskilled people on for less then the demand for such a product would have been less.
Interesting and clever development. Free market 1, The State and Luddites 0.
Thoughts?