What is your personal take on such a business setup Pete-zza, if you dont mind me asking ?
I am perhaps not a good one to give an opinion but as I see it there are many facets to the question. First, technology will always evolve to replace human labor, especially when the labor is of a type that can be replaced by machines and other technology (including AI) and still allow for profit. For example, Foxxconn, the Chinese company that makes the iPhones for Apple, is replacing 60,000 jobs with robots: http://fortune.com/2016/05/26/foxconn-factory-robot-workers/
. That will mean the potential loss of jobs in the U.S. unless our workers can work for less than the robots. Apple will not be bringing jobs back to the U.S., as the politicians will have us believe.
On the food front, there is at least one company that has equipment that can make burgers to order without need for any employees. And there are kiosks that customers will use to order their burgers. These stories often come up when states, and the federal government, propose increases in the minimum wage. Food service is not a high margin business and increases in labor costs encourages substitution of labor with machines.
The economist John Maynard Keynes envisioned a society where the work week would be 15 hours and where the challenge would be how to manage all of the leisure time. Of course, people loved the idea. The writer Eric Barnouw, in 1957, predicted that as work became easier and more machine-based, people would look to leisure to give their lives meaning. Even today, there is a sizable part of the population, notably young people without college degrees, who do not work at all, and spend most of their spare time in leisure pursuits. This means TV, phones, games, computers, the Internet, social media, and living at home with Mom and Dad. And they are not complaining. But they will not be contributing much to society.
Robert Gordon has written a controversial book where he posits that all of the major and meaningful inventions have already been invented, such as electricity, the telephone, aircraft, automobiles, refrigeration, microwave ovens, technology that took people from the farms and into factories, and so on and so forth. He does not see technology such as the iPhone and related toys as having the same impact as the inventions of the last hundred years (my recollection is that he covered the period of 1870 to 1970).
So, as I see it, one of the major challenges of the next several decades may be how do we address the needs of our people if technology replaces a good part of the work that they once did. And there is virtually no job that can be spared such replacement. In the past, the new technology created new jobs to replace the old jobs, and in greater number and at greater pay, but if Robert Gordon is right, that might not take place this time. Those who take issue with Gordon sometime point to biotechnology as the new frontier but the adoption of that technology will have its own set of challenges.