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Robots coming to steal half your jobs, Bank of England warns
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<blockquote data-quote="Babagounj" data-source="post: 2198758" data-attributes="member: 12952"><p><a href="http://www.breitbart.com/big-government/2016/05/24/15-former-mcdonalds-ceo/" target="_blank">Ex-CEO of McDonald's: $15 Minimum Wage 'To Cause Job Loss ... Like You’re Not Going to Believe' - Breitbart</a></p><p></p><p><span style="font-size: 18px"><strong>Former McDonald’s CEO Ed Rensi appeared on Fox Business Network and warned progressive groups against $15 per hour minimum-wage hikes.</strong></span></p><p>“I was at the National Restaurant Show yesterday and if you look at the robotic devices that are coming into the restaurant industry — it’s cheaper to buy a $35,000 robotic arm than it is to hire an employee who’s inefficient [while] making $15 an hour bagging French fries,” Rensi said Tuesday.</p><p></p><p>“It’s nonsense and it’s very destructive and it’s inflationary and it’s going to cause a job loss across this country like you’re not going to believe,” Rensi added.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 2198758, member: 12952"] [URL="http://www.breitbart.com/big-government/2016/05/24/15-former-mcdonalds-ceo/"]Ex-CEO of McDonald's: $15 Minimum Wage 'To Cause Job Loss ... Like You’re Not Going to Believe' - Breitbart[/URL] [SIZE=5][B]Former McDonald’s CEO Ed Rensi appeared on Fox Business Network and warned progressive groups against $15 per hour minimum-wage hikes.[/B][/SIZE] “I was at the National Restaurant Show yesterday and if you look at the robotic devices that are coming into the restaurant industry — it’s cheaper to buy a $35,000 robotic arm than it is to hire an employee who’s inefficient [while] making $15 an hour bagging French fries,” Rensi said Tuesday. “It’s nonsense and it’s very destructive and it’s inflationary and it’s going to cause a job loss across this country like you’re not going to believe,” Rensi added. [/QUOTE]
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Robots coming to steal half your jobs, Bank of England warns
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