For many California business groups, the state's decision to gradually raise its minimum wage to $15 by 2022 is a terrible thing.They feel that this is nothing more than a dog chasing it's own tail.
But for its technology industry, it may be a plus.
Higher wages, says the California Restaurant Association, will force businesses to face "undesirable" options, including cutting staff, raising prices and adopting automation.
But a higher minimum wage will "signal to tech companies and entrepreneurs" to look at the restaurant industry, said Darren Tristano, president of Technomic, a research group focused on the restaurant industry.
The state's governor and legislators reached an agreement Monday to raise the wages.
"I think there are a lot of tech companies that are looking at the restaurant industry to accelerate their growth," said Tristano.
The restaurant industry is primed for change, said Tristano, "Many of the routines that take place in restaurants are not very different from 30 to 40 years ago," he said.
So let's get this straight, higher wages will result in passing the increase on to the consumer, right?
Only now your In-and-out meal is going to cost more.
And since many of the restaurants will either close or leave the state, we will have less in the way of choice.
This is really not going to do much other than cost a lot of people jobs and bring in automation in their place.
A vintage 1960 Mr Machine by Ideal Toy Corporation. Mr Machine was wildly popular when he made his appearance.
Ideal quickly adopted him as their logo mascot.
And you know the rest...
"Its a Wonderful Toy! It's IDEAL!"
The Designer, Marvin Glass said he designed Mr Machine to mimick the actions of a hen pecked husband squawking and wildly waving his hands as he wanders around in his plight.
I had one of these in 1960.
I took it apart and rebuilt it over and over again...