Published at Thursday, November 08th, 2018 - 14:57:05 PM. Manufacturing Robot. By Mavise Douffet.
This is how cost efficiency plays a significant role in globalization in the economy. When companies have the opportunity to produce products at a cheaper rate by using alternative resources, they find the best solution possible for either the short run or long run. Robots have been the solution to leading a cost-effective economy. The use of robots has had a growing impact on the manufacturing industry for some time now, and continues to innovate our globalized economy.
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.
Any content, trademark’s, or other material that might be found on the Reisroboticsusa website that is not Reisroboticsusa’s property remains the copyright of its respective owner/s. In no way does Reisroboticsusa claim ownership or responsibility for such items, and you should seek legal consent for any use of such materials from its owner.