Minimum-Wage Blowback - Fast Food Burger-Flipping Robot Works For $3 An Hour
by Thu, 03/05/2020 - 23:45
Over the years, we've the proliferation of artificial intelligence and robots in the workplace would lead to a tidal wave of job losses through 2030.
The burger-flipping robot is now more cost-effective than the average low-skilled employee, which means Miso's unveiling of a subscription plan for restaurants, of just $2,000 a month, with the choice of a robot that works either the grille or fryer, could be very appealing to restaurant owners or managers across the country who need to drive down labor costs.
"As a result, Miso can offer Flippys to fast-food restaurant owners for an estimated $2,000 per month on a subscription basis, breaking down to about $3 per hour. (The actual cost will depend on customers' specific needs). A human doing the same job costs $4,000 to $10,000 or more a month, depending on a restaurant's hours and the local minimum wage. And robots never call in sick," LA Times adds.
Americans could soon see Flippy or a variant of the robot at a mom and pop restaurant or a major fast-food chain in the early 2020s, the affordability of these robots will entice restaurant operators to drive down labor costs.
On a much broader perspective, Karen Harris, Managing Director of Bain & Company's Macro Trends Group, presented a several years ago titled which outlines how automation could eliminate upwards of 40 million jobs by the end of this decade.