Reply to post: Re: Too much CapEx

Nearly a million retail jobs will be destroyed by the march of tech, warns trade body

Tom 13

Re: Too much CapEx


The topic of robots came up this weekend when I visiting my folks. He'd seen the clip everybody's been raving about on the news. We did some back of the envelope calculations. Assuming a half million (insert your local currency here) and an annual salary of (_currency symbol_)35K, you'll recoup the cost of a robot in about 3 years. Remember, the cost to the business of that employee is about 50K, plus you get a 3x multiplier because it doesn't need to sleep.

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