Quoted from Fytr:Interesting read, and really helps to shine a light on the fact that there is nothing new about companies moving production to lower their costs.
All of this is pretty much mute though, as even the chinese factory workers will soon be losing their jobs (along with everyone else) to automation / robots. People don't see it yet but that tsunami is heading to shore and when it hits ALL these low-paying, marginally skilled jobs are toast. Then what should we do? Burn the machines? I think that it's time to rethink how people can make a meaingful living in the era of ubiquitous automation.
Good points. Not too mention Google and Tesla's experiments with driverless cars---and trucks. I learned years ago to assume nothing, so have you been reading some of the stuff with Coors/Miller sending a driverless semi-truck down the highway to Point B with a load of beer?
Damn !!! Walmart's self checkout stations are getting larger and now I find myself standing in line to check myself out, and I won't be able to get a job as a checker, as a cab driver, or as a truck driver.
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We are all going the way of 411 calls for information, telephone operators, and receptionists.
" Your call is very important to us". If you---push 1---push 2--or push 3. Your call is very important to us. All of our representatives are busy helping other customers. " Enter some real crappy elevator music and then, "Your call is very important to us..............