Link doesn't work Chip, assume someone was offended.
Link doesn't work Chip, assume someone was offended.
Dipshit. I entered this debate when you indicated that minimum wage increases and labor costs had NOTHING to do with McDonalds automating and using kiosks.What a convoluted way to not answer a simple question.
The kiosks operate 18 hours a day/365 days a year. Each one replaces over 3 employees. But never mind that, let’s assume your cost assumptions are correct. $881k/5 kiosks/10 years/6,552 hours per year = $2.69/hour. <$5/hr.
Yes. Thanks for playing and destroying your own argument.
Wrong, go back to post #34. You tried to tell me I was wrong, and that the hourly operating costs were more than $5 or $7.50. You then proceeded to unwittingly argue that they were as little as $2.69. Once again, math has proven to be your downfall. Be mad at yourself, Tim.Dipshit. I entered this debate when you indicated that minimum wage increases and labor costs had NOTHING to do with McDonalds automating and using kiosks.
I just gave you the business case WHY McDonalds and so many other QSRs are leveraging kiosks. To OFFSET labor costs.
I now work with 2 major global automotive manufacturers. Implementing our AI Vision (running on iPhones) to spot defects in the manufacturing build process. One already has 18 plants deployed with the technology.
Do you know what that company told us how the ROI would be calculated? By how many human plant floor inspectors they can replace that cost them $75K/year.
Automation almost always involves eliminating labor costs because it is such a huge cost to the business. And when you can do it cheaper and better through technology, you always do it.
But by all means, continue to play the fool (Mr. Healthcare) and argue with technology experts that work directly with these companies and hear the words from their mouths...and insist labor costs have nothing to do with their decisions
This was your argument:
View attachment 11124
You have been schooled and are, once again, wrong.
McDonald's told me so. Literally.
You have gone so far down this rat hole in a "separate" argument about the costs per hour of a human v a machine that you don't even realize that your new argument (the machine operates at a lower cost per hour) destroys your first argument - which was NO, fast food workers are not being replaced due to the rising costs of minimum wage.
That was never my argument. Go back and re-read the thread. That is your stupid argument with Steeltime.
Wrong, go back to post #34. You tried to tell me I was wrong, and that the hourly operating costs were more than $5 or $7.50. You then proceeded to unwittingly argue that they were as little as $2.69. Once again, math has proven to be your downfall. Be mad at yourself, Tim.
$2.69/hr.No Shortbus, you claimed a Kiosk was the cost of a PC:
View attachment 11125
I corrected THAT statement because you once again talked from your *** end about a topic you know nothing about. A PC and a kiosk or nothing alike.
I addressed the "INVESTMENT" in technology as I have since the beginning. YOU have been going down this rathole about hourly operating costs...not realizing you are quite literally making our argument for us.
VERY expensive kiosks are worth every penny because they save the companies MASSIVE expenditures on labor (a cost that continues to spike).
I've suggested before, I'll suggest again. You could benefit from taking a remedial writing course as well.
$2.69/hr.
McDonalds wasn’t and isn’t overpaying for labor, they’re paying market prices - whatever their local competitors are paying for similar jobs, just like every other business.$2.69/hr
$0.50/hr
$7.25/hr
$10.25/hr
Use whatever figure you'd like.
You made the case (again) as to why McDonald's is investing in kiosks. To reduce over-paid labor.
Thanks again for playing. Don't pass Go. Don't collect $200.
Now, back to arguing with @Steeltime about hourly rates that destroy your argument....
yeah, that wasn't what he was saying.McDonalds wasn’t and isn’t overpaying for labor, they’re paying market prices - whatever their local competitors are paying for similar jobs, just like every other business.
$2.69/hr.
Arbitrarily increasing wages not only increases the cost of paying workers but also increases other costs that most people are not aware of. Most of the taxes and insurance a business pays are based on a percentage of payroll, so those items will cost more too. Social Security, state and Federal income tax, local tax, state and Federal unemployment insurance, workers' comp insurance, often liability insurance, all those things also go up when wages go up.what we need here is a guy who might shine some light on the economics of all this.
if he can get his hands out of a corpse... @Ron Burgundy - QBR and assist in this unique endeavor.
McDonalds wasn’t and isn’t overpaying for labor, they’re paying market prices - whatever their local competitors are paying for similar jobs, just like every other business.
where the debate style originated
Minimum wage? No Tim, employers pay the market price regardless if that’s minimum wage or not because if they don’t, they won’t be able to staff their business.So now you want to make a totally different argument, about what minimum wage actually should be?
Color us shocked.
Minimum wage? No Tim, employers pay the market price regardless if that’s minimum wage or not because if they don’t, they won’t be able to staff their business.
I’m quite comfortable continuing with the kiosk hourly cost argument, Mr. $2.69.
Minimum wage? No Tim, employers pay the market price regardless if that’s minimum wage or not because if they don’t, they won’t be able to staff their business.
That’s exactly what I just pointed out.Uhhh, you DO understand that minimum wage has literally nothing to do with the free market valuation of labor, right?
So are bail-outs and other government interventions.And that a government edict as to what a business pays employees is the exact OPPOSITE of a free market model, right?
“Worth” is subjective, so is “exploitation”.And that if the employees were worth more than minimum wage, the government would not need to impose minimum wage, right?
Maybe you should have included that in the part about free markets?A big reason why the lowest wages have not increased over the past 20 years is the massive influx of unskilled labor through our Southern border. If you really gave a **** about what the lowest earners were paid, you would be in favor of closing the Southern border and keeping out tens of millions of unskilled workers who vie for jobs against Americans and drive down wages.
where the debate style originated
Minimum wage? No Tim, employers pay the market price regardless if that’s minimum wage or not because if they don’t, they won’t be able to staff their business.
I’m quite comfortable continuing with the kiosk hourly cost argument, Mr. $2.69.
It bears repeating - you alone are worth paying for a membership here. "I hate free-riders, douchebags who don't pay their way!"
"I hate free-riders, douchebags who don't pay their way!" -Floggy Booster Shortbus
"But Trump!! And my favorite color is purple!"
-Floggy Booster Shortbus
"My God, how dumb are you? You can't possibly be a lawyer because lawyers are brilliant!"
- Floggy Booster Shortbus
No, you’re trying to change the argument since I proved (actually you proved) that the hourly cost was less $5/hr. My argument was that it was profitable regardless the employees were willing to work for $5 or $15/hr. Go back and check.Wages that are nearly always higher than the costs of automation.
The argument you've been humiliated on? Please, continue.
You've argued labor costs aren't a factor in McDonald's automating.
You've argued that a PC and a Kiosk are identical.
And you've argued the hourly costs of a kiosk are cheaper than manual labor, thus destroying your first point.
By all means, keep tripping over your dick.
It bears repeating - you alone are worth paying for a membership here.