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Old 05-29-2016, 12:10 AM   #1
xoxoxoBruce
The future is unwritten
 
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The Future is Robots

We have seen the future and it doesn't bode well for the masses.

Adidas moved manufacturing to China 20 years ago to cut labors costs. Now they’re building a factory in Germany to cut labor and shipping, by building shoes completely with robots.

Foxcon in Kunshan, Hunan, China has cut the workforce from 110,000 to 50,000 by using robots to make the iphone 6.
Mmm 60,000 more for Soylent Green.
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Old 05-29-2016, 10:38 PM   #2
tw
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Originally Posted by xoxoxoBruce View Post
We have seen the future and it doesn't bode well for the masses.
Anything that increases productivity always increases jobs. If you want to reduce employment, then eliminate more machines and robots.

That does not make sense to the many educated by economic soundbytes and open loop systems. But it makes completely sense to anyone educated in how economics really works - which means closed loop systems.

An increased minimum wage is why both Wendy's and MacDonalds are now talking about automating more of the food process. The naive think that will reduce jobs. In reality, it will mean less jobs in each fast food restaurant and more jobs throughout the entire economy. An example of why a living minimum wage increases employment AND makes an economy more productive.
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Old 05-30-2016, 12:04 PM   #3
Gravdigr
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What do you do for a living?
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Old 05-30-2016, 01:49 PM   #4
sexobon
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He's a proofreader.
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Old 05-30-2016, 01:55 PM   #5
xoxoxoBruce
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More of an editor.
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Old 05-30-2016, 05:00 PM   #6
sexobon
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That would make him more like a pw who doesn't like to be called chief.
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Old 06-02-2016, 06:44 PM   #7
tw
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That would make him more like a pw who doesn't like to be called chief.
How, white man.
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Old 06-02-2016, 06:53 PM   #8
sexobon
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Great Caesar's ghost!
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