If workers can keep their jobs, they’ll enjoy higher wages. But rising labor costs are pushing employers toward robots. Source: California’s $15 minimum wage may mean more automated jobs | The Sacramento Bee Automation has been coming and is coming, regardless of minimum wage hikes....
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San Diego raised its minimum wage very rapidly. Data suggests that while the wage hike benefits those with minimum wage jobs, it is also rapidly eliminating low wage jobs all together. Read the entire (and long) story for the details. This blog has long noted...
Far too many people think that Wealth=Assets+Debt, as they take on loans to buy nice homes, cars, RVs and other toys. They look wealthy to the outside world, but in fact, are very poor because Wealth=Assets-Debt. Today, car dealers are encouraging consumers to roll over negative equity in car loans to buy newer, bigger, shinier and more expensive cars. The lead anecdote in the linked news item illustrates as a buyer now owes $45,000 on his $27,000 car purchase. This is bad, really bad, but 1/3d of used car trade ins are now going this route.
Grocery stores, which have already outsourced checkout and bagging to the consumer, are now working on building automated fulfillment distribution centers to process online orders.
A case study of how a “no show” at a Great Clips hair cutting place led to a cascade of errors resulting in a ditzy stylist giving me a completely wrong hair cut that looks like a Nazi.
My background is in information systems (M.S. in software engineering) and an M.B.A. Systems analysis, organizational and information systems architecture is part of what I do, and this makes for a good case study of a business gone disastrously wrong. And what they should have done to avoid this failure.
This involved a cascade of failure points including organization and information systems misuse.
Not surprisingly, I am not likely to return to a Great Clips again.
McDonald’s installing more automation, both to reduce labor costs and to trick consumers into purchasing more than they were planning to purchase.
What happened to ultralights? And does this foreshadow what may happen to drones and quadcopters? I lay out a case for what happens next: we are proceeding down a path where regulatory hurdles will do to model aircraft and quadcopters what the FAA did to ultralights (largely killing them off). Read the whole article to see the details.