McDonald’s CEO Chris Kempczinski announced in an investor conference last week that the company has been experimenting with voice order-taking technology at 10 drive-thrus in the Chicago area. The technology is 85% accurate and can take four-fifths of all orders in tests.“There is a big leap between going from 10 restaurants in Chicago to 14,000 restaurants across the U.S. with an infinite number of promo permutations, menu permutations, dialect permutations, weather — I mean, on and on and on and on,” Kempczinski said. “Do I think in five years from now you’re going to see a voice in the drive-thru? I do, but I don’t think that this is going to be something that happens in the next year or so.” The announcement by McDonald’s to replace workers with automation comes as Democrats have sought to increase the federal minimum wage to $15 an hour. According to the Congressional Budget Office, such an increase will lead to a loss of 1.4 million jobs by 2025. An increase in the minimum wage causes an employee to be more expensive to a company, making some automation, which may have previously been more expensive than the cost of an employee, less expensive than the artificially inflated cost of the employee. This incentivizes the replacement of workers with automation as companies search for ways to offset the increased cost of hiring an employee.
Higher minimum wages also push companies to raise their prices in another attempt to offset the costs to the company. Former McDonald’s CEO Ed Rensi explained this in an interview with FOX Business. ANOTHER WELL THOUGHT OUT HEADFAKE !!
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To remove first post, remove entire topic.
McDonald’s CEO Chris Kempczinski announced in an investor conference last week that the company has been experimenting with voice order-taking technology at 10 drive-thrus in the Chicago area. The technology is 85% accurate and can take four-fifths of all orders in tests.“There is a big leap between going from 10 restaurants in Chicago to 14,000 restaurants across the U.S. with an infinite number of promo permutations, menu permutations, dialect permutations, weather — I mean, on and on and on and on,” Kempczinski said. “Do I think in five years from now you’re going to see a voice in the drive-thru? I do, but I don’t think that this is going to be something that happens in the next year or so.” The announcement by McDonald’s to replace workers with automation comes as Democrats have sought to increase the federal minimum wage to $15 an hour. According to the Congressional Budget Office, such an increase will lead to a loss of 1.4 million jobs by 2025. An increase in the minimum wage causes an employee to be more expensive to a company, making some automation, which may have previously been more expensive than the cost of an employee, less expensive than the artificially inflated cost of the employee. This incentivizes the replacement of workers with automation as companies search for ways to offset the increased cost of hiring an employee.
Higher minimum wages also push companies to raise their prices in another attempt to offset the costs to the company. Former McDonald’s CEO Ed Rensi explained this in an interview with FOX Business. ANOTHER WELL THOUGHT OUT HEADFAKE !!
can you spend some time on this issue and spin it politically? it's a very serious issue for fatties like you...how dare they limit your 24/7 access to their ice cream
MAGAm Yisrael Chai
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can you spend some time on this issue and spin it politically? it's a very serious issue for fatties like you...how dare they limit your 24/7 access to their ice cream