Foxconn replaces '60,000 factory workers with robots

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Kagerow said:
'Former McDonald's chief executive Ed Rensi recently told the US's Fox Business programme a minimum-wage increase to $15 an hour would make companies consider robot workers.'

Sure, and not increasing minimum wage will totally keep company from choosing robot workers.

Ha.

It is perfectly possible that it would take longer to happen, enought time for people to slowly transfer to other jobs that can't be done by robots. Making it happen all at once is bad because of the concept of price elasticity of supply ( http://www.economicsonline.co.uk/Competitive_markets/Price_elasticity_of_supply.html )