Ergo, your entry-level minimum wage job just went “poof.” Because a robot can do it better, and a robot doesn’t pretend it’s worth more than the employer paid for it.
McDonald’s (NYSE: MCD) is trying to make fast food even faster. The Financial Times reports that the worlds’ largest fast food chain plans to replace many of the cashiers at its 7,000 European restaurants with touch screen terminals that allow customers to order and pay electronically.
The move at McDonald’s is similar to what many consumers experience in supermarkets, retailers and gasoline stations that have opted for self-checkout to save on labor costs.
Way to go morons. You made labor more expensive, now you get to find out what happens when employers aren’t willing to pay you that much.
That guy standing across from the unemployment office laughing at you? Yeah, that’s me.