The new minimum wage bill in the senate is very pro-robot! At the same time that it raises the minimum wage to $10.00/hr – it gives tax credits to businesses that add technology. The result – fewer (expensive) human workers and more (free) robotic workers. I touched on this in a previous post, but here is the link to the recent Atlantic article.
Today, it costs between $40,000 and $60,000 to cover an eight hour night security shift, 365 days a year. This is the industry estimated, fully loaded (taxes, FICA, vacations, etc.) cost, depending on area. With a $10.00/hr minimum wage, that changes to $55,000 to $85,000 per year.
Today, you can buy a fully loaded mobile security robot for under $50,000, and put it to work ten to twelve hours a night, 365 nights a year. Given the tax credits in the new bill, you would get the robot for free!
Robots should love the senate’s new minimum wage bill – if they were programmed for love.
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