Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (775811)	3/20/2014 10:36:38 AM
From: combjelly	Read Replies (1) \| Respond to of 1579779

Because, you know, they just hired the workers because they were cheap. They didn't really need them and they don't do much... Minimum wage workers tend not to be fungible. Their labor cannot be outsourced to China and the state of robotics is such that the jobs can't be automated significantly more than they can be now. Even for the jobs that can be automated, the upfront costs can be a challenge. So there only real recourse is to raise prices. Depending on how much, that may or may not have much of an impact.