Frankly I feel bad for those souls, but I don't think it does anyone benefits in the end. If they work in fast food it makes baseline for purchasing foods worse thus not helping them live their lives better that way though it might not be as bad as I think it would be. I have limited experience economics but I would say that by setting a price floor like that that you push the system out equilibrium, leaving them to be laid off for keeping affordability and expecting more out of the people already there. If the companies put up with it, then it just gives greater encouragement to eliminate any unnecessary personnel with automation. I don't think it will lead to much success though.
Be the first to reply to this answer.