Edward Millner's blog. It contains links to articles for students taking Principles of Microeconomics and Managerial Economics. It also contains links to articles about politics. The opinions here are mine. No one at VCU reviews or approves what I post.
Wednesday, September 11, 2019
Why would McDonald's buy an AI company?
This story in by CNN reports that McDonald'sis buying tech companies to help it automate. Might demand for AI and tech be driven, at least in part, to finds alternative to labor as higher minimum wages push up labor costrs?
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