I'm kinda with George here. I went to a Circle K today that had a self
checkout. It took 3x as long to checkout. I let the attendant there know
that I did not enjoy the experience and won't return.
But, I will use Amazon and delivery services.
So I think the labor market will move away from going out to collect
your food to just having food delivered. The self checkouts will
accelerate that movement toward retail closures and warehouse openings.
So, the "unskilled" labor market will just shift from assembling a
burger to boxing product.
McDonald's has to be careful here. To quote an old McDonald's CFO...
"We are not technically in the food business. We are in the real estate
business. The only reason we sell 15-cent hamburgers is because they are
the greatest producer of revenue, from which our tenants can pay us our
rent."
On 12/29/22 19:43, George Toft via PLUG-discuss wrote:
> I'll pass on this for the same reason I don't go to Sonic and I won't
> use self-checkout at Albertson's/Walmart/Home Depot.
>
> Regards,
>
> George Toft
>
> On 12/28/2022 7:22 AM, Keith Smith via PLUG-discuss wrote:
>>
>>
>> Thought you might find this interesting.
>>
>> https://www.foxbusiness.com/technology/mcdonalds-unveils-first-automated-location-social-media-worried-will-cut-millions-jobs
>>
>>
>>
>>
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