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Well, at least its hard to call robot work "slave labor".
I hope China has a job program ready because the CCP is doing a very poor job in providing social security and economical stability in China.

Good news, human progress

Here we go, lack of human respect and understanding. 60K people out of work. Unable to provide for their families let alone themselves. How cruel and greedy. True, a business is made to make money, not break even. But Foxconn wasn't hurting for money last time I checked.

"It's cheaper to buy a $35,000 robotic arm than it is to hire an employee who is inefficient, making $15 an hour bagging French fries," he said.

Once again, as I posted in a similar thread, thinking this way will destroy the gradient from rich to poor and there will only be rich and poor people. No middle class. And man, what a corrupt world that's gonna be.

They where (forced)working them 16hours a day, with really low pay.

They had to install those suicide nets to catch people jumping off roofs, because of how unhappy they where working there.

If they treat the worker that bad, and it still pays off to not use them... theres no hope for the avg joe worker.

"Economists have issued dire warnings about how automation will affect the job market, with one report, from consultants Deloitte in partnership with Oxford University, suggesting that 35% of jobs were at risk over the next 20 years."

World economies will collapse due to this stuff.

And it's not like Foxconn or Apple weren't making enough money. Funny thing is that Foxconn is a Taiwanese company. Chinese companies like Oppo have better pay and better means in their factories.

That's what the people wanted, right?

The timing of this is weird.

I'm kinda for this.

thanks obama.