Quote:
Originally Posted by AmeliaG
Depends if, at that moment, I want a company run or I have my mouth fixed for a burger.
Edit: Actually, I'm going to go out on a limb here and say that, while the idea of paying fast food workers $15 an hour is infeasible and unfair to middle income people who worked hard to build skills and a career (not to mention inflationary), most top CEO's are grossly overpaid for the value they provide. The former is infeasible because the money is not there and, if automation is cheaper than people, then any decently managed company will have automation, and we will have higher unemployment, not higher wages. I think there are a ton of VP's making six figures (not 7 or 8) who could figure out how to automate burger production or put outsourced remote workers on the drive-thru. So the value received from a $9 mill CEO may just really be poor ROI.
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One day the CEOs will also be obsolete. That day is when AI technology is fully realized. They won't even need people to program or repair the machines because the machines will be doing that too. Then we will have to seriously re-think some things...
Honestly I do not think most people would prefer full automation in the fast food industry. Sometimes it's good to deal with people. When things are so advanced what is the need of having the business in the first place when presumably you could just have a machine make it for you at home as well?
There is always an excuse or fear to justify paying certain people less while others gain from it though. It's been a common pattern for a long time.