And the general chatter about it is that this will be the death knell for the desire for higher wages in the fast food industry. Miso’s CEO acknowledged that his company’s product may put thousands of people out of work,Yes, that's true, there will be a number of people whose fast food wages trend to zero in a fairly abrupt fashion. At which point we can predict what's going to happen with wages inside those fast food joints which automate in this manner. Which is how we're going to get fast food wages up to that $15 an hour. Automate the process making the remaining labor more productive and that remnant of labor will be getting those higher wages.

Source: Forbes March 09, 2017 17:25 UTC