Former McDonald's USA CEO: $35K Robots Cheaper Than Hiring at $15 Per Hour

[nanarchy]

aLkaLiNE said:

nanarchy said:

I asked for numbers that prove your point, you did not provide. E.g. how many of companies over 200 years old are cooperatives? how many over 100 years are? I am sure there would be some would actually be interesting to know the answer. Hell when talking companies anything less than 25 years old is generally classed as relatively new, 10 years is EXTREMELY short when talking lifetimes of companies.

The average age of a company listed on the S&P 500 is 15 years old and that figure is only projected to diminish further.  I bet you that age is even lower when you consider the majority of companies not listed on that exchange. So, no, a company at 25 years is not generally classified as new. A company that's made it to 100 years, is fucking ancient by contrast.

 

http://www.bbc.com/news/business-16611040

highly misleading figure as it is current age of trading entities does not equal actual age of business i.e. when two large companies merge or split to create other companies they are considered completely new companies as far as actual age goes. Average lifespan of fotune 500 sized companies is still around the 40-50 years. Japan alone had something over 50,000 companies that are 100+ years old. The US had more than 20,000 last stats I saw.