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Low factory jobs may come back to US, hopefull with better pay than in China and selling gadgets at a higher price point, while China starts focussing on produc
by tajen 10y ago
Low factory jobs may come back to US, hopefull with better pay than in China and selling gadgets at a higher price point, while China starts focussing on producing for their own population. I look at this quite optimistically, as it makes end-user price closer to the real cost of production, and it makes production local which brings the concerns for extremely-poor workers closer to the consumer.
In other words, no-one cared for Chinese slaving away, but reimporting those jobs and having Americans factory workers in the same indecent position may trigger more empathy, or at least more health/education budget is available to cater for them. Maybe we'll even charge 10x for IoT gadgets (or kid games, or Ikea lamps), so that workers get a decent situation. It will hit the Valley hard, but only startups who distribute moderately useful gadgets that rely on the poverty of the Chinese workforce.
Maybe it will go as far as paying the Macbook price for a PC, but that's ok if workers get proper working conditions.
- sangnoir 10y ago> while China starts focussing on producing for their own population It's already doing that, which is why US companies are tripping over themselves as they scramble to get in on the Chinese market