And what will people do to earn a living? Watch TV/surf all day? remove all their goals and ambitions? Live in peace and harmony? Turf wars or gang fights? Entitlements? Love to hear your vision for the billions of people on the planet with no jobs.
Oh yeah, Donald Trump the President of China now as well? These perks were negotiated between Foxconn (a chinese company) and the Chinese government which means Trump has zero control. Especially, if he wants them to build a factory here.Those perks going to disappear by Jan 20th.
Robots can work in America too. Once robotics are such that they can replace the human component then China's value of cheap, massive labor is gone. The idea that China can move from providing cheap labor to a center for innovation will fail just as it failed at every other country manufacturers pulled out from when labor costs escalated too much.
1) There're cheaper labors from other country than China.
2) The robots are made by human.
3) The Robots need to be renewed. The cost of maintaining and renewing Robots could be more expensive than the cheap labor.
Cheaper labor but CapEx is a barrier to entry. Robots can be made by other robots and so can maintenance of said robots. When all is said and done, the robot revolution will be swift and unending.
The day is already here where there aren't enough jobs for everyone, and certainly not enough "good" jobs (good meaning decent working conditions and a salary that can support a lifestyle above the poverty line). I wonder when the tipping point will be, because at some point the status quo will need to be changed. If people are not needed to work a job that requires suicide nets, good, but there'll obviously need to be an alternative to sustain those people.
As far as I'm concerned, automation shouldn't be scary, it should be welcomed. The problem is that the automation is happening at a rate that the current economy and governments can't handle. They don't have a solution. But when you think about it, obviously those people out of work are capable of doing other things while the robots churn away making iPhones. This doesn't mean people should sit around and get everything for free, but honestly just assembling iPhones day in and day out isn't that productive either in terms of bettering yourself or the world. I'm sure a lot of the people working these jobs are smart people who never had opportunities, and can be more productive if society finds a way to utilize automation as an advantage to everyone, not just to the stockholders of corporations.
I don't pretend to have the solutions myself, but might as well face it, it's coming and the world needs to deal with it better than just having hundreds of millions of people out of work.
Now to see how Trump can provide enough subsidies and benefits to get Apple to move their manufacturing to the US.
The day is already here where there aren't enough jobs for everyone, and certainly not enough "good" jobs (good meaning decent working conditions and a salary that can support a lifestyle above the poverty line). I wonder when the tipping point will be, because at some point the status quo will need to be changed. If people are not needed to work a job that requires suicide nets, good, but there will obviously need to be an alternative to sustain those people.
Don't see iPhone manufacturing moving to the US any time soon, even if they upgrade to robots they will still be based in China
Excellent point. An increasing number of lower skilled jobs are being automated right out of existence. And a lot of moderately skilled jobs will be next. Rather than yearning for 'the good old days', people need to turn the page and try to find out how we quickly retool a workforce for the future. And frankly, some people don't have the skills, interest or aptitude to do it.
The country needs more scientists and engineers. It also needs more pipefitters and welders. It doesn't need more generic customer servicer reps, retail clerks or unskilled labor. The number of jobs you can 'raise a family on' are dwindling. Unfortunately there's a big glut of people who frankly don't have the education or skills to do the job we need. It's a failure of the school system...and largely a failure of our society to stay ahead of the curve as moved from the industrial to the informational age.
i
Those perks going to disappear by Jan 20th.
I would agree fully except that trump has already told them they will pay hefty fines if they don't bring their production back to the US
What are you talking about? It's the Chinese government and their own subsidies and tax brakes. Trump will have zero chance effecting this. If you think Trump will or more like can give billions and billions of worth of tax brakes to Apple in order to "Make them in U.S.A." then you are hallucinating. This and the lack of qualified work force is the reason why there will never be any meaningful Apple manufacturing in US. Trump knows that too but his followers just fail to see the bigger picture.
[doublepost=1483048900][/doublepost]
Trump has said many things which turn out to be half truths or outright lies. I'll bet there will be zero fines and some random low volume item manufactured in US to call it a day.
Those perks going to disappear by Jan 20th.
Thanks for posting this, it's always nice to listen to what Michio Kaku has to say. His books about the future are also very good, in my opinion.
I'm talking about Tim outsourcing jobs to China and India for manufacturing. Trump vowed to tax 45 percent if apple does this.What are you talking about? It's the Chinese government and their own subsidies and tax brakes. Trump will have zero chance effecting this. If you think Trump will or more like can give billions and billions of worth of tax brakes to Apple in order to "Make them in U.S.A." then you are hallucinating. This and the lack of qualified work force is the reason why there will never be any meaningful Apple manufacturing in US. Trump knows that too but his followers just fail to see the bigger picture.
[doublepost=1483048900][/doublepost]
Trump has said many things which turn out to be half truths or outright lies. I'll bet there will be zero fines and some random low volume item manufactured in US to call it a day.
If the forum is filled with political warriors, it can't be helped.I knew this would end up in PRSI folks just can't control themselves
I know I just wish people could control the urge, at least here it will be more entertaining.I'm talking about Tim outsourcing jobs to China and India for manufacturing. Trump vowed to tax 45 percent if apple does this.
[doublepost=1483052821][/doublepost]
If the forum is filled with political warriors, it can't be helped.
Economic warfare to weaken the US strategically. The capitalists have sold them the rope.
Heft, expertise. Maybe. But. The main reason Apple uses Foxconn is that the can pay the lowest wages possible, something that would not fly in many other countries. It's a form of exploitation. As a stockholder, I wish to have nothing to do with this side of Apple. Completely deplorable. Many other stockholders agree. I am part of the change that will see Apple stop exploitation of workers in developing countries. Unethical. Inhumane.
Foxconn just need to buy some US prisons, instant cheap labour.
Note: I didn't vote for Trump... but the world doesn't have to be as black and white as you have it here.
There is a middle ground where _some_ manufacturing returns to the US and reasonable import tariffs are imposed to allow for some financial incentive for companies to create infrastructure here. The situation right now with China is completely one-sided... it doesn't have to completely tip toward the US... but I believe a middle ground can be found where both countries have reasonable tariffs and the work is spread a bit more evenly.
Now: whether or not Trump will make this happen is a completely separate discussion. I currently believe that he won't... but we're just going to have to wait and see.
Foxconn just need to buy some US prisons, instant cheap labour.