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

sabvre42 on 24 May 2016
pokoko said:
Ah, McDonald's. The corporation that had the highest disparity between CEO salary and worker salary and where upper management gets bonuses and pay increases even when they're struggling.

I feel so badly for them.

Lol. Way to be educated in your talking points...

McDonald's actually only pays their CEO $1Mill USD a year. Oracle on the other hand is like  $250+Million.



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Cobretti2 on 24 May 2016
VGPolyglot said:
fatslob-:O said:

Then we just need in increase the education standards!

It's not that hard and I hope that one day higher education conformance will come from having potentially cheaper online schools too ...

The world is changing and we NEED higher IQ people or people with good skills ...

Robots will never become advanced enough to do R&D, that's where humans are at their safest ... 

You talk like as if automation was a bad thing when the vast majority of our lives depend on automation ...

Well, maybe if education was paid for with taxes then this would be possible. However, as it is many people are unable to afford university.

There is more than one path to enlightment.

Go to another country that pays for university or go to one that charges less than your own.



 

 

Goatseye on 24 May 2016
Netyaroze said:
Cobretti2 said:

well someoneis goign to need to design better and more efficient robots in the future. Need a bit more skill and bains than a repair man to do that.

 AI is going to design the robots.

Even if humans had to do it, it would be a handful of them with manufacturing process 100% done by mechanized means.



VGPolyglot on 24 May 2016
Nuvendil said:

You clearly have next to no knowledge of the small and middle tier business world.  90-95% of small businesses and middle tier business could not sustain $15 an hour.  And they don't have the war chest to float a transition.  I know this.  Also, let's not fall into the trap that CEOs are EVIL and the rich are EVIL.  While some can be dicks, many are very altruistic.  And the job of major executives is one 95% of people couldn't do.  I've seen that myself, most average joes couldn't run a taco stand much less a multi billion corporation.  

As for standard of living, that is radically different from state to state and that's the problem with a $15 minimum wage.  Cause cost of living effects pay and that effects business plans and structuring.  It effects EVERYTHING.  NY or Washington State might be able to support $15 without too much fuss.  But Texas?  NC?  SC?  No, it would be a complete and utter train wreck.  The US is huge, the cost of living, wage disparity, economic strength, etc is not universal.  Such a high federal minimum wage would be highly ill dvised.  Let the States decide in accordance with what the State needs.

Disagree entirely with the bolded. How do the rich get rich? By having many people work for them and giving them millions/billions of dollars, then them only giving back only what's mandatory. Also, if they were such nice guys, why do they move their bases of operation abroad, where they have slave labour and child labour in order to make as much money as possible.



green_sky on 24 May 2016

Automation is coming. How much suffering and convenience it causes will depend on how prepared we are as individuals and collective societies. 

You are not prepared.



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barneystinson69 on 24 May 2016
KLAMarine said:
One day robots will replace humans.

I look forward to that future.

You mean when you're dead and your children will face that future? Bit unfair in my eyes.



Made a bet with LipeJJ and HylianYoshi that the XB1 will reach 30 million before Wii U reaches 15 million. Loser has to get avatar picked by winner for 6 months (or if I lose, either 6 months avatar control for both Lipe and Hylian, or my patrick avatar comes back forever).

method114 on 24 May 2016

Yea in sure it's the. The problem is this technology is only going to be cheaper and cheaper. While people will continue to need more and more money as the price of things slowly goes up. So this is going to be an issue eventually whether we like it or not. The question is do we deal with it now or later?



fatslob-:O on 24 May 2016
Goatseye said:

everyone and their mom = people

We're not there yet partner. What I meant to say is robot repair man as a job, will likely become one of the most supplied job skill in the market. Therefore, thrown down the latter of high paying jobs.

The repairman salary may go down but the salaries of many jobs will rise and we'll get a lower cost of living too in the end!



JRPGfan on 24 May 2016
barneystinson69 said:
KLAMarine said:
One day robots will replace humans.

I look forward to that future.

You mean when you're dead and your children will face that future? Bit unfair in my eyes.

Hey it works for global warming!

Just ignore it, it wont matter for you anyways, its your grand children that ll get screwed over by it.



Goatseye on 24 May 2016
fatslob-:O said:
Goatseye said:

everyone and their mom = people

We're not there yet partner. What I meant to say is robot repair man as a job, will likely become one of the most supplied job skill in the market. Therefore, thrown down the latter of high paying jobs.

The repairman salary may go down but the salaries of many jobs will rise and we'll get a lower cost of living too in the end!

How's that gonna affect the flexibility of other field salary? You have to see the economic flow in the future to know that for sure