Well, maybe fast-food restaurants were a low-interest-rate phenomenon or whatever the equivalent term is (a high-labour-supply phenomenon?). If that kind of business can't afford good enough working conditions to get a decent supply of labour while selling its products at a decent price, then yeah, the whole industry will burn. But if there's a demand for it then sooner or later someone will start offering it. I think that probably looks like a decoupling between middle-class-oriented (e.g. Costco or Chipotle) and working-class-oriented.
During COVID a new kind of food business sprung up called a virtual restaurant (or a ghost kitchen), where instead of having to rent a restaurant space and hire wait staff, they just had a kitchen and delivery drivers. Lower expenses, fewer staff.
Eventually, those delivery drivers will be replaced by delivery drones.
I promise I’m not that whiggish when it comes to automation, but there was a time when a good portion of human labour was washing clothing, and now that’s become much less of a thing for much of the world.
Perhaps food service and in-person retail will start to go that way too. It’s my hope we can navigate that and still make a place where it won’t be so bad.
Sometimes we do our own laundry, sometimes we pump our own gas, and sometimes we prepare our own meals. Not having a servant to do those things for us doesn’t make us destitute; it makes us human.
Why don't I cut my own hair? Because I'm shit at it.
If you went to a barber, and you sat down for a haircut, and they handed you a pair of clippers, would you go back? Fuck no!
The problem with having customers do their own checkout isn't that the fat and lazy customers have to get off their fat asses. No. It's that customers are unbelievably shit at that.
Have you noticed that, despite there being, like 10x as many self checkout lanes than before, the lines are longer than ever? Go ahead and do the math on that. Not only are people doing more work, they're paying more for it too, and it's a much worse service. Lose, lose, lose. Unless you're the corporate overlords.
In lower level jobs like retail and food service, nobody can retain workers.
You would think then "oh, labor market, the cost of labor goes up"
But no. Everyone is greedy, stubborn, and stupid.
Instead, you just run your business with half the labor. Does it work? Not really.
So then you think, "oh, well free market dynamics. These companies will go out of business because their product or service sucks"
But no! Because everyone is doing it! And now everything just sucks!