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Many low wage jobs will soon be replaced by new technologies like the  Amazon Go ‘shop without a checkout’ experience, so a minimum wage law isn’t going to help people find the “living wage” they are after.

New business startups will eventually create jobs for those being displaced today, but the speed at which they can do this is greatly hindered by many existing regulations that make it difficult to start a business.

One of the most harmful regulations to startups is the minimum wage, because it drives up startup costs for would be business owners.