What's cheaper than a Chinese worker earning $2 a month?
A Chinese robot earning $0 a month, of course.
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Welcome to the future.
Xiaomi has built a new factory spanning 81,000 square meters, at a cost of over $300 million.
The factory is fully automated, producing smartphones and automotive components with zero human involvement. Running entirely on robots allows the facility to operate 24/7 without a single moment of downtime — and with zero payroll costs.
The world is becoming a remarkably exciting place. All that remains is to hope there's still a way for us to earn money to actually enjoy it.