For many California business groups, the state’s decision to gradually raise its minimum wage to $15 by 2022 is a terrible thing. But for its technology industry, it may be a plus.

Higher wages, says the California Restaurant Association, will force businesses to face “undesirable” options, including cutting staff, raising prices and adopting automation.

But a higher minimum wage will “signal to tech companies and entrepreneurs” to look at the restaurant industry, said Darren Tristano, president of Technomic, a research group focused on the restaurant industry.

The state’s governor and legislators reached an agreement Monday to raise the wages.

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Source: COMPUTER WORLD