The Future is Robots

We have seen the future and it doesn't bode well for the masses.

Adidas moved manufacturing to China 20 years ago to cut labors costs. Now they’re building a factory in Germany to cut labor and shipping, by building shoes completely with robots.

Foxcon in Kunshan, Hunan, China has cut the workforce from 110,000 to 50,000 by using robots to make the iphone 6.
Mmm 60,000 more for Soylent Green.

xoxoxoBruce;961264 wrote:

We have seen the future and it doesn't bode well for the masses.

Anything that increases productivity always increases jobs. If you want to reduce employment, then eliminate more machines and robots.

That does not make sense to the many educated by economic soundbytes and open loop systems. But it makes completely sense to anyone educated in how economics really works - which means closed loop systems.

An increased minimum wage is why both Wendy's and MacDonalds are now talking about automating more of the food process. The naive think that will reduce jobs. In reality, it will mean less jobs in each fast food restaurant and more jobs throughout the entire economy. An example of why a living minimum wage increases employment AND makes an economy more productive.

What do you do for a living?

He's a proofreader.

More of an editor. ;)

That would make him more like a pw who doesn't like to be called chief.

sexobon;961367 wrote:

That would make him more like a pw who doesn't like to be called chief.

How, white man.

Great Caesar's ghost!