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GOT EM!!️️"Courtesy Vox-The Fight for $15 movement has notched a string of victories over the past couple of years, getting higher minimum wage legislation passed in the states of California and New York as well as several cities. And earlier this month, McDonald’s announced that it was going to begin installing touchscreen ordering kiosks in its restaurants, which should allow restaurants to serve more customers with fewer workers.And in a post for Forbes, former McDonald’s CEO Ed Rensi argues these two trends are connected. “I told you so,” he writes. “In 2013, when the Fight for $15 was still in its growth stage, I and others warned that union demands for a much higher minimum wage would force businesses with small profit margins to replace full-service employees with costly investments in self-service alternatives.”Now, Rensi says, his prediction is coming true. McDonald’s is just one of several restaurants around the country that are experimenting with automated restaurant technologies. If jurisdictions continue to push up the minimum wage, more and more businesses will look for ways to automate their operations in order to avoid having to pay higher wages.The economic logic of Rensi’s argument is impeccable. If you make the minimum wage high enough, businesses will look for more opportunities for automation and hire fewer workers. The question is whether a $15 minimum wage is high enough to induce a lot of employers to switch to more automated systems.http://www.vox.com/new-money/2016/11/30/13784412/mcdonalds-fight-for-15" (via @mediablackoutusa )

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