By Ninette Paquette. Manufacturing Robot. Published at Friday, November 09th, 2018 - 17:38:45 PM.
Proponents of a minimum wage increase say it will not affect jobs, corporations or small businesses adversely. Well, I suppose that a slight increase in minimum wage wouldn't and it might keep the masses happy, but it won't be a net positive, every little increase will affect businesses, profits, capital investment and jobs. Let's talk a little bit about economics 101 and then let me light a fire under your rear with a robotic future reality if minimum wage increases are too drastic.
Most of the manufacturing conducted in the U.S. is high tech manufacturing, such as chemical, semiconductor, petro-chemical, pharmaceutical, among others. To understand the nature of the manufacturing processes requires background information. That's where a degree in engineering becomes so critical. Spending the time earning an engineering degree is worth it: many engineering jobs in this sector start around $50,000 and rise up to over $100,000.
The prominent companies operating in the market are Dyson Ltd., Ecovacs Robotics Inc., Infinuvo, iRobot Corporation, Koninklijke Philips N.V., LG Electronics Inc., and Neato Robotics Inc., Intellibot Robotics LLC, Yujin Robot Co. Ltd., and Samsung Electronics Co. Ltd. They have adopted strategies, such as expansions, partnerships, collaborations, mergers & acquisitions, joint ventures, new product launches, and others to strengthen their position in the market.
Before I get into specifics, I'll mention what this technology does and how it works. Day Trading Robot is a stock trading system which makes use of mathematical algorithms based on real trading techniques used by real traders to analyze market data and look for profitable trading opps. Once it's found what it deems as being a high probability trading opportunity, it notifies you so that you can trade accordingly.
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