This time I'll use the new Starbucks Robot that pours 120 cups of coffee per hour.
According to CNBC, "Robbie" the coffee making robot costs $25,000.
https://www.cnbc.com/2018/05/08/this-25000-robot-wants-to-put-your-starbucks-barista-out-of-business.html
Let's give him a 10 year life span (Normal IRS depreciation schedule.) Sooo.... over the course of Robbie's "Life"....
His initial cost works out to $2,500 per year.
We'll give him a very generous 10% per year maintenance allowance (Another $2500)
Let's say he uses - Hmmm - $300 per month in electricity? ($3,600 per year.)
That adds up to Robbie's cost for Starbuck's corporation of $8,600 per year.
(I'm assuming the machine replaces just 1 (ONE) Human per store....
THIS COULD BE SEVERAL, AND THE NUMBERS WOULD MULTIPLY!!!
So I looked up the hours of my local Starbucks, and they're open from 6am. to 7pm., 7 days a week. That's 13 hours a day or 91 hours a week. Assuming they're closed say...... 7 Holidays per year, that works out to 4,641 hours per year.
So after doing the "Maths", we can say that this machine would cost my local Starbucks just over $1.85 and three tenths of a ¢ per hour!!!
THIS HAS NOTHING TO DO WITH BURGER FLIPPING LOSERS WANTING $15 PER HOUR!!!!!!
A "Barrista" at Starbucks makes a national average of $12 per hour According to Zip Recruiter.
(Couldn't find if this includes tips or not.)
Soooo the machine costs the Corporation $10.15 LESS PER HOUR than a Human Being. That's $4,002 per month, or $48, 029 per year. Starbucks has 20,000 locations in the US of 'Merika, so by installing these machines.... They would save $960,588,611.00 per year!!! $960 MILLION bucks a year!!!
Even if Barrista's were willing to work for minimum wage ($7.25 per hour,) these machines would still save the Corporation over $501 MILLION per year!!!!
The shiny prospect of ALL that money will drive them to do this NO MATTER WHAT!!!
**THIS KIND OF ECONOMICS WILL AFFECT ALL TYPES OF BUSINESSES! KISS YOUR JOBS GOODBYE FOLKS!!!