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The 'nice' thing about technology being to blame instead of offshoring is that there is no clear and obvious villain to point pitchforks at. That's useful for s
by crdoconnor 10y ago
The 'nice' thing about technology being to blame instead of offshoring is that there is no clear and obvious villain to point pitchforks at. That's useful for some people.
So:
http://bigstory.ap.org/article/265cd8fb02fb44a69cf0eaa2063e11d9/mexico-taking-us-factory-jobs-blame-robots-instead http://bigstory.ap.org/article/265cd8fb02fb44a69cf0eaa2063e1...
"Blame robots [for your imminent unemployment].
[Proved by] "A study at Ball State University's Center for Business and Economic Research" ("The myth and reality of manufacturing in America").
Which states:
http://conexus.cberdata.org/files/MfgReality.pdf http://conexus.cberdata.org/files/MfgReality.pdf
"We begin by examining productivity. The most common measure
of productivity is the average product of labor, which is simply the value of all goods manufactured in the U.S. divided by the number of workers. "
^^
Which literally means that according to the author's calculations, if you offshore 50 workers and maintain sales, you have decreased US employment / GDP ratio and thus increased.
The of the paper then measures productivity, states that it's gone up and segues into a lot of reasons why it thinks the increase in productivity is actually because of machines.
Then they invent a calculation involving the trade deficit to determine the number of jobs lost by outsourcing (where one Chinese person buying a $5 million house/year in Cali "makes up for" losing 20 $50k/year jobs) and finish up with what can only be described as an unrelated whinge about US corporate tax rates (just in case you were left with any lingering doubts about whose side they're on).
Authors: Michael J. Hicks and Srikant Devara, MBA.
tl;dr some people use phony math to explain why it's wrong to point pitchforks at the 1%.