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April 26, 2016
China is Building a Robot Army of Model Workers
The results of this effort will be felt globally. Almost a quarter of the world’s products are made in China today. If China can use robots and other advanced technologies to retool types of production never before automated, that might turn the country, now the world’s sweatshop, into a hub of high-tech innovation. Less clear, however, is how that would affect the millions of workers recruited to China’s booming factories.
Could we get some former American factory workers to chime in here?
How much better did your life become when your job was outsourced to China? What did you do with all that free time? Was there a lot of vacationing to the most exotic beaches around the world? Did you travel there on your own private yacht or did you jet set it in first class? Did the severance checks make you rich beyond all measure? Were there any special trophies or medals given to you on your last day for all of your hard work? Or did they just give you the customary gold watch and a golden parachute to match?
Do tell! Millions of Chinese factory workers need to know what will happen to them when their jobs are replaced by robots! Make it perfectly clear how much better their lives will be!
What? Too much sarcasm? Oh, I doubt that very much. It's Tuesday. That means it's double sarcasm day. Woohoo!
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
7 hours ago
6 comments:
The more things change for the bears the more they stay the same.
Couldn't you bears at least come up with a new scare story already?
I mean, the technology will wreck mankind story has been dispelled since the Luddites smashed the automatic weaving machines back in the 1800s. They were going to be replaced by machines and everyone would be a poverty stricken serf. Remember?
You bears need help, really.
The Chinese leaders have been careful. They know that the population can turn on them. Most of the country probably lags behind in development, compared to the cities on the coast.
> Could we get some former American factory workers to chime in here?
And the engineers who designed the parts and the....
whydibuy
How's that stock earnings and stock prices go up 10% every year theory working out for you lately?
I agree that some things never change, like the bulls staring in the rear view mirror and dragging up several centuries of historical data to predict the future.
Teri,
They have mastered the illusion of prosperity, lol. Sigh.
Rob Dawg,
That's okay, we still have nail salon employees. I swear there must be some in every strip mall now, so we've got that going for us, which is nice, lol. Sigh.
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