Read more: http://fusion.net/story/130549/a-chinese-company-is-replacing-90-percent-of-its-workers-with-robots/ I read this article and thought of the fast food workers here in America demanding $15 an hour. Do they realize the tipping point of investing in automation verses human labor is quite small. If technology can find a way to replace what you do for a living with a machine, and it's cheaper for the employer...you're out of work.
And soon there will be 3d printing in most homes, there will be less need for more jobs. Instead of going to a store to buy something. Just print it.
That is remarkable. Human labor is usually much cheaper than expensive robots. Companies generally do not resort to extensive automation unless they are located in a developed country with a high standard of living where the wages are high.
Uncle Ferd gonna hop a fast boat to China, says why work when womens'll support ya?... Welcome to the 'sex capital of China': Inside sin city where it's 'normal' for one man to have several girlfriends who pay him to carry on dating them 2 September 2015 | Dongguan, southern China, is known as the sex capital of the country; The city is also a manufacturing hub and is dubbed the 'world's factory'; It's made headlines again for the problem of too many women to men; Women are having to share boyfriends and pay to keep them happy; Sex hungry workers even shack up with other couples to save rent
Actually what it shows is that no matter how low wages are people are going to lose jobs to automation no matter what the minimum wages is, as it has no effect on whether or not companies automate; just the hassle of managing employees and managing shift changes and the like make robots than run 24/7, require no restrooms, meal times, etc. make them attractive, and this has been the case during the entire Industrial Revolution from the beginning to now. In others words all the sniveling about raising minimum wage by the right wingers is a load of Bull(*)(*)(*)(*), with a capital 'B'. Blaming a minimum wage that reflects real inflation for 'increasing automation' is a ridiculous premise on its face, is what your OP shows. I'll leave it to the Peanut Gallery to do their own research on just how low Chinese wages are, and they can amuse themselves trying to make that kind of wage level work in the U.S. or any advanced country. If you want to multiply the costs of even our current stingy amount of the Federal and state budgets that go for social services, police, food stamps, etc., etc, by about a factor of 10, then go ahead and go to work for $2 an hour yourself, and show some leadership if you think that's such a grand idea. As for claiming we shouldn't have such safety nets, go ahead with that, too, and see how 'cheap' it is to hire your own private armies and the like; trust me, government and taxes are a lot cheaper and much more pleasant, really.
That's because wages have little effect on the price inflation of most goods of the last 45 years or so. In fact due to 'outsourcing' the average wages of those producing your average Wally World product have decreased substantially as a factor in prices, and of course with wages in the U.S. being roughly a third of the real inflation rate over that time claiming wages as a factor at all is just sheer ignorance and ideological drivel.
These links or about farm labor and the myth of labor shortages in that part of the economy, only about 2% or so crops are picked by hand in this country, but automation is still going on despite the low casts of using easily cheated and exploited illegal aliens. The first article is an old one, the latter ones are about cost studies in farm produce that is still not entirely automated yet, still requiring laborers to ride around on the sorters and the like. http://www.motherjones.com/politics/2001/01/silence-fields http://migrationfiles.ucdavis.edu/uploads/cf/files/2012-may/huffman-fruit-feg-harvesters-042412a.pdf http://edis.ifas.ufl.edu/fe933 http://arec.oregonstate.edu/oaeb/files/pdf/EM8526.pdf Hey why not just bring back slavery? Ah, because slaves cost too much to maintain and can't just be laid off and left to die in alleys and fields somewhere, being a major capital investment, unlike factory and service industry labor, and easily merely replaced by more waves of immigrants. And as for the fast food industry, it's been automating for decades now, and it certainly isn't because wages have increased, as wages have dropped way down and are still dropping.
Well, yes, but in the vast majority of cases it will apply. For a lot of products the packaging alone cost more than the wages cost to make the stuff, for instance.
Lifts made in china kill people. Many Chinese flush toilets cant flush toilet paper. They put the dirty papers in a basket. You can google chinasmack and other websites to see these photos and videos. And hundreds millions chinese will lost their jobs. Finally looking at the chinese wedding photo, it looks like in an india village.
