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That's like asking if heavy machinery should be allowed.
A bulldozer or a back hoe does the work of many men, just as forklifts and tow motors do.
Someone will need to manufacture, maintain and repair the robots as well as program them.
Shifting economy.
At the turn of the 20th century, the carriage builders who had the foresight to build auto bodies did well.....look at the Fisher Body Company.
"The Fisher Body Company, later the Fisher Body Division of GM, had strong family roots. It was founded by seven brothers whose grandfather, Andrew Fisher, emigrated from Northern Germany around 1835 and set up a blacksmith shop in Ohio. His son Lawrence Fisher worked in the blacksmith shop. Later, with his brother Andrew and his brother-in-law, he set up a carriage works, himself directing the woodworking facilities. Ironworking, woodworking, carriage-building, and brothers working closely together all reappeared in the remarkable success of the Fisher Body Company.
Lawrence Fisher stressed craftsmanship above all else. All of his sons worked in the family business before leaving home. His brother Albert Fisher, who also learned carriage making from Lawrence, established Standard Wagon Works in Detroit in the late 1880s. At Uncle Albert's suggestion Fred Fisher, eldest of Lawrence Fisher's seven sons, decided to seek his fortune in Detroit.
In 1902, Fred found work as a draftsman at C. R. Wilson Company, joined by his brother Charles in 1904. Wilson, the largest maker of horse-drawn carriage bodies in the world, also built auto bodies for a handful of pioneer automakers, including Oldsmobile, Cadillac, Ford, Peerless and Elmore. The brothers worked there until 1908, when they quit over salaries. Uncle Albert offered Fred and Charles jobs in his carriage shop and the brothers gratefully accepted.
Uncle Albert's Standard Wagon Works had supplied some 50 bodies for the fledgling Ford Motor Co. Fred and Charles recognized that bodies for horse-drawn carriages would not do for motorcars. Automobile bodies needed an entirely different technology. For example, driving a car via its rear wheels put a different set of stresses on the body than pulling a carriage by its front axle; also the higher speeds and greater vibration of motorcars demanded suitable engineering advances.
At this point, the two brothers invited Uncle Albert to join them in their own auto-body business. Between the three of them, they had connections, expertise, good ideas -- and Uncle Albert agreed to supply capital. On July 22, 1908, Albert, Fred and Charles Fisher formed the Fisher Body Co., capitalized at $50,000, with $30,000 cash paid in by Uncle Albert."
I'm fine with robots, but not with the manner in which they are treated for tax purposes. IMO , we should not allow robots to be treated as capital investments for either tax purposes or GAAP, but rather they should be required to be written off immediately as period expenses. There is NO reason to give the corps using them a tax benefit.
Oh I'm sure corporations would love that. $10K expensed over 10 years or $100K expensed this year?
Oh I'm sure corporations would love that. $10K expensed over 10 years or $100K expensed this year?
Actually, they wouldn't, as execs are normally incentivized over operating profit improvements and/or tragets, not net profits after taxes. They would hate it, for that reason.
You're way behind the times, robots have been used for years in various industrys. Do you want all the auto manufacturers to get rid of robots? How about John Deere, should they stop using robots too?
Actually, they wouldn't, as execs are normally incentivized over operating profit improvements and/or tragets, not net profits after taxes. They would hate it, for that reason.
Execs aren't (usually) compensated by the tax accounting financials either, so your method would result in a lower tax burden, but not do anything on the internal financials.
The other stores should get on the ball and compete with robots of their own. But when robots have laid most people off from there jobs, who's going to have money to buy all that stuff that robots will be programed to move out the door?
Amazon wants 10,000 robots on their floors by the end of the year. That could mean employees will be laid off for the robots. Amazon is also ruining stores (JCPenny, Sears, Best Buy, RadioShack, etc) which will involve B&M stores to shut down, with people losing jobs. After that, Amazon will hire more robots, which will leave more people out of work. Corporations are hiring robots so that they dont have to pay employees because of the billions they make isnt enough. It is a lose-lose situation, B&M stores will shut down and Amazon will continue to lay off employees. CEOs of Sears and other wont care, they are set for life. After that, Great Depression 2.0. And say those movies are true, and the robots rebel.
"Yes" Debate
With these robots, we could get packages in under a few hours. They are more efficient and less of a chance of human error. They will ship items faster and companies will thrive losing the need to pay employees.
What do you think?
This is what happens when liberals try to run businesses for the business. Reap what you sow.
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