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Automation is happening no matter what. Raising minimum wages has no effect on the rate of automation. Pepsi just had a huge jump in net profits from $5B to $13...
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Automation is happening no matter what.
Raising minimum wages has no effect on the rate of automation.
Pepsi just had a huge jump in net profits from $5B to $13B, and yet they are spending $2.5B on "relentless automation" their CEO's words.
Let's stop wringing our hands. Raise the minimum wage to $15. Then $20. Then $25.
https://gizmodo.com/pepsico-is-relentless-automating-its-workforce-and-it-1832804035?utm_medium=sharefromsite&utm_source=gizmodo_facebook&utm_campaign=top&fbclid=IwAR2hH_WxknWyFr7UfuXUmgqF0pnPGvnwyKftWrQ3PMIVNsCQplFdhtXty7s
Originally posted on Facebook on February 26, 2019.
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