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Trump Saved Factories for Carrier, Apple, and Others, Jobs Go to Robots

expat_panama said:
That argument's often used as a rationalization by those that have decided to hate free markets, but a bit of thinking (and maybe some actual experience in the market place) show that if a person has a choice between owning a factory that generates $10M/year, or owning that factory plus another producing $5M/year, the preference will be for upping total revenue from $10M to $15M.

Yeah, real life is never that simple, like what if the $5M/year factory just happens to be atop ore deposits that can yield $20M/year if the factory is turned into a mine --the debate goes on and on.
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It is not just a rationalizat ion but rwait. It happened to my plant. The company closed it down and it was making money, at least 2 million in gross profit per year and transferred production to a different plant they decided to expand and maximize it's utility.


The business is a mature industry so revenue increases come at the expense other companies.
 
holbritter said:
Pretty soon we'll have robots as servers in restaurants!
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You posted that 3 days ago, and now we got...
mcdonalds-automated-kiosks-fast-food.jpg

They must have been lurking here and they stole your idea maybe.
 
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