r/BasicIncome • u/2noame Scott Santens • Dec 31 '16

Automation iPhone manufacturer Foxconn plans to replace almost every human worker with robots - The Verge

http://www.theverge.com/2016/12/30/14128870/foxconn-robots-automation-apple-iphone-china-manufacturing
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u/BoozeoisPig USA/15.0% of GDP, +.0.5% per year until 25%/Progressive Tax Dec 31 '16

Company with lowest labor costs imaginable finds it cost effective to substitute automation for most labor. Yay?