ilmscore | If You're Underpaid At Your Job - Watch This

If You're Underpaid At Your Job - Watch This

Published: 2023-09-23
Status: Available | Analyzed

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Topic
Status
Companies like McDonald's are likely to invest billions in AI, software, and hardware to automate order taking and burger making if labor costs rise significantly.
"now all of a sudden if they have a lot of employees that are commanding 50 60 more a year in their incomes that's a large expense for them which means now they might spend a few billion dollars investing in new technologies investing in your softwares investing in new Hardwares investing in new artificial intelligences to hire somebody or a machine or a robot or something to take the orders and then number two to make the burgers"
Automation in Food Service
Pending
Across the board wage increases for fast-food workers will likely lead to higher meal prices for consumers and increased product costs.
"if McDonald's had to pay more money for their employees not only are they going to be incentivized to now figure out how to replace the employees but they're also going to charge more dollars for their meals so now if that applies across the board now you're gonna go shopping and you're gonna have to pay more money to buy your stuff"
Impact of Wage Increases on Food Prices
Pending
The speaker achieved an income of $200,000-$300,000 per year as an entrepreneur.
"I finally for the first time started making decent money and if you want to quantify decent money it was probably two or three hundred thousand dollars a year as an entrepreneur"
Entrepreneurial Income
Pending