In August of 2012, I penned a post on labor costs stating " labor costs are no longer a primary factor in determining where business should locate. "
This quote was framed within a general discussion of factors used in selecting business / manufacturing criteria for determining where to locate. In hindsight, a more precise statement would have been " automation / robotics are eliminating labor costs as the primary factor in determining where a business should locate ".
In that post, I stated that robotic operating systems cost initially $250,000 per year, and concluded: In a 24 hour / seven […]
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