Comment In the writeup: (Score 1) 37
I do love a good disinterested vendor writeup...
Actually, aren't we already eclipsed by them?
No, not yet.
Innovation still largely happens in the West. China and others are rapidly catching up, but they're not there quite yet. And their disadvantage of cheap labour is slowly diminishing as well as the Chinese people demand that they benefit from the whole thing as well.
pay a new worker $13-15 an hour, and if the place is unionized, then you have to give them regular breaks and guarantee them OT and holiday pay and et cetera, et cetera.
That is all smoke & mirrors. How many companies from Europe do you see outsourcing to the USA because of the lower minimum wage and the weaker unions? None. Because those are just bullshit arguments they've been peddling for decades because they work. Sadly, our politicians these days are (in general, a few exceptions nonwithstanding) both incompetent and corrupt, so it's working even better now.
I've been involved in a few location decisions on the company level. Pay is a factor. But language is a huge one (what good is cheap work if they don't understand what you want them to do?), logistics is another (how far is it from our current location, and how easy to get to?), surrounding infrastructure, availability of qualified people nearby, options for additional space to expand, heck I've seen a company move HQ because the new location was closer to the CEOs home.
automate the manufacturing with AI and computer vision, and just have a dozen trained techs on staff to solve issues when they come up.
Yupp, the Silicon Valley style of solving everything. Companies buying into that soon learn that manufacturing is a lot more than a couple people/robots doing stuff.
It'll become a self-leveling problem
That's what I said. Assume for your example that you need not just a few techs, but also at least one or two people who actually understand how manufacturing works. Where do you get these people when there are no more manufacturing jobs?
or cities become entire graveyards for all the people who can't find a job.
Let's force all the decision makers (politicians and CEOs) to make a month-long "vacation" in Detroit. Drop them off with nothing but their clothes in the city center. They all got where they are because they're so smart and successful, so shouldn't be a problem, right?
A lunatic like Jamie Dimon. This is basically a dupe, though written by someone else. It makes the same points, including the mistake of not accounting for the exit of Britain from the EU GDP total. I wonder how the authors of this article are acquainted with Jamie Dimon?
Jamie Dimon's Blunt Message for Europe: 'You're Losing'
(The original story is from CNBC)
Well, some of that is for classes for people who can't see that default 3-pixel wide scrollbar on Windows 11 in high contrast dark mode.
Yeah, you're blessed to have one of each. Until they start conspiring against you, which you KNOW is going to happen.
For all my pro-life ramblings, we were granted only one child. He's 22 now. I'm not sure if I'm jealous or worried about you. Keeping up with two toddlers after age 50 can't be easy.
In other news, by marrying close to my age, I'm spending 51 to 54 in caregiving activities to the point that I can't keep up with a 40 hour a week job, and the job market is such ain't nobody gonna hire me anyway, so I'm striking out on my own and trying to trick old people into paying me $300 to back up their Windows 10 boxes and switch on TPM in UEFI if it exists:
Individuals using AIs casually can easily check their facts.
Provided they know at least some basics about the thing in question.
As with pretty much all tools: They are most effective in the hands of a professional, and might be dangerous in the hands of a novice.
AI can replace a lot of intro-level workers. Honestly, most of the stuff I get out of AI is intern-level, be it code or text.
BUT - how then, do people move up from intro-level ?
And that's the kicker. For a couple decades now, companies have essentially gone "nah, we don't train people, we hired them once someone else has trained them". Well, good luck with that when the last few places where people can gain experience fall away.
The focus on quarterly results will be the downfall of western civilization. We will be eclipsed by countries like China who have decades-long plans, even when much of the rest of their system is shit. Nobody wants to live in a dictatorship. But even fewer people want to live in a completely ruined economy.
I don't have any use for bodyguards, but I do have a specific use for two highly trained certified public accountants. -- Elvis Presley