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Foxconn to Replace a Portion of its Workers with 1 Million Robots
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Its not that robots are cheaper than labor, they're not.
My former company moved it's operations over to china.
The buildings are 3 times the size for the same output. Why, it's all manual no robots.
Introduce robots, tireless machines that can do the work of many workers in one spot. The assembly line moves the unit but more importantly the robot works through shift changes, reduces the footprint required to perform the same amount of work, small manufacturing floors/building, less requirement for utilities and so on.
This is great for companies like foxconn. Increase throughput, decrease the size of assembly lines, free up floor space for other products thereby increasing profits.
No heating, light, cooling, breaks, restrooms or anything else required also...
Because of 'rising labour costs'
Yep..salaries to rise rom $2 an hour to $3
Apple didn't get to be richer than the US by ensuring the workers who make their gear get treated well. No doubt Steve squeezed Foxconn's margins so they thought they might save a few bucks in suicide payouts by getting rid of people.
If Foxconn was based in Africa it would be regarded as 21st century slavery...but because it is China everyone thinks it is ok.
Yep..salaries to rise rom $2 an hour to $3
Apple didn't get to be richer than the US by ensuring the workers who make their gear get treated well. No doubt Steve squeezed Foxconn's margins so they thought they might save a few bucks in suicide payouts by getting rid of people.
If Foxconn was based in Africa it would be regarded as 21st century slavery...but because it is China everyone thinks it is ok.
There are two sides to every story. From my point of view it sounds like you're the type of guy who is okay working hard all day for a decent pay while your boss makes all the profit. Youths these days aren't soo gullible to except a high work / low pay job as yesterday.
If they can't accept the reality of the most forms of employment (whose main target is to fatten the owners), then they should find a job that is better suited to them. I understand that toiling away, so that my boss can get rich is sickening, but at the same time, I get paid (not well) to perform. It may not be "fair" for the underpaid masses to build up the bank accounts of their employers, but it is definitely not "fair" for employees to be siphoning funds from their employers because of laziness and lack of motivation.
Good post but you're going to have to explain. Yes, I am the type of guy that is ok working hard all day so my boss can make a profit, that's what work is about to me. I don't really get how this is a gullible situation for today's youth. I'm not going to slam you, I honestly don't get it. How is this inequitable?
Simply working those jobs falls into your category of lack or motivation.
Same attitude the day laborer who moved my lawn has.
We are all going to be murdered in our beds by Frida in 2019.
Poor Foxconn employees - it's not like they are getting paid ridiculous amounts of money. But these are some serious contracts FC have so I can understand wanting to remove any human error.
Poor Foxconn employees - it's not like they are getting paid ridiculous amounts of money. But these are some serious contracts FC have so I can understand wanting to remove any human error.
I think I know why Foxconn is investing in robots: upgrade their factories outside of China.
I believe Foxconn has production lines in Brazil, Mexico, and Central Europe. It may be these factories will be the first to get production robots before the Chinese factories do.
I believe Foxconn has production lines in Brazil, Mexico, and Central Europe. It may be these factories will be the first to get production robots before the Chinese factories do.
Yeah right. And they pay the interest for that massive loan with what exactly?
Uh... projected future cash flows from WORKING in a JOB? How exactly do you think loans are paid off? Pixie dust and magical taxes that come from the sky? Student loans, whether made by governments or by private companies, are paid off, in full, by GRADUATES using MONEY they EARNED as a result of going to college.
Maybe a little cost consciousness would pull prices down? Nah, only a crazy economist would think that.
Hmm, I was thinking the same thing myself. Looks like Frida is "multifunctional."
Call me Lenin...but this push to automation is going to be the cause of much civil discomfort; all while prices still rise and corporate profits soar.
Apple is one of the worst in this regard. 70B+ in liquid assets, incredible market shares...and laughable philanthropic "efforts". What a joke.
Apple is one of the worst in this regard. 70B+ in liquid assets, incredible market shares...and laughable philanthropic "efforts". What a joke.
Wall-E future is here, humans
It's depressing in a way that we will be turned into total consumers - on the other hand I am glad no one would have to do monotonous repetitive work if they can feed themselves and their families in some other way.
The future has been here for a long time. Every advance in technology displaces human labor, but leads to efficiencies, making goods more affordable. It makes complete sense to use robotics to replace human processes. Less errors, no attitudes and better quality.
Even when machines start creating machines, it wil only be because of human intelligence behind it. Whether artificial intelligence ever develops to the stage of complete independence from humans is the stuff of speculation (or science fiction), but it'll take genrations before us to know the reality of that.
Good story, btw, MacRumors.