The response to the high wages demanded in low skill position was obvious.
Miso can offer Flippys (a robot for making food) to fast-food restaurant owners for an estimated $2,000 per month on a subscription basis, breaking down to about $3 per hour. (The actual cost will depend on customers’ specific needs). A human doing the same job costs $4,000 to $10,000 or more a month, depending on a restaurant’s hours and the local minimum wage. And robots never call in sick.
Sorry teenager trying to earn a few bucks to go to college, restaurants don’t need to hire you at the high wage that over-eager do-gooders are demanding.
While digital versions of our credit and debit cards aren’t widely accepted just yet, it’s a given that in the future, the majority of the places where we shop will accept Apple Pay, Google Pay and the like. I look forward to the day when I can increase my personal security and reduce my pocket bloat by only carrying a small computer (my phone) to identify me and conduct my transactions.
From government IDs to hotel keys, the rest of our cards are quickly moving to mobile phones. As this becomes more ubiquitous, it will be harder and harder to justify carrying unique pieces of plastic in your wallet.
I look forward to this image being everywhere!
Great reading on this topic: Soon Your Phone Will Be Your Driver’s License, MetroCard and More – WSJ
The number one feature that I would like for the iPhone is the ability to have a special ringtone for anyone that was not in my Contacts. That ring tone would be silent so that if a spammer got through it wouldn’t bother me, they would just go to voicemail. If it was a legitimate call then they would go to voicemail as well and I would call them back.
As it is, I hear my phone ring, see that it isn’t someone I know and manually silence my phone. By having a “silent” ringtone for non-Contacts, I would skip this step.
I think this is possible in Android and it is probably the only reason that I would buy an Android phone over an iPhone the next time I want to update my phone.
Source: How to Stop Spam Phone Calls
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Consumer preferences, reduced technology costs and government policies that increase labor costs are driving a trend toward automation in the restaurant business. If you make something more convenient and less expensive, it tends to catch on.
As recently as the 1960s, gas-station employees would rush to fill your car’s tank, wash the windows, check the oil and put air in the tires. Telephone operators made your long-distance calls and bank tellers cashed your checks. Those jobs now are either gone or greatly diminished.
Today, we reduce jobs whenever we shop on Amazon instead of our local retail outlet, use an Uber app rather than calling a cab dispatcher, order a pizza online, use an airport kiosk to print boarding passes, or scan groceries. Each of these changes in behavior has increased convenience and reduced labor costs—and competitive businesses pass the savings to their customers.
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If you ever thought it was cool that the Internet of Things (IoT) could connect to your home, car, or refrigerator. Wait until you think about what is happening with airplanes.