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These are not the only two options: Germany pays (very) high wages, but has many manufacturing jobs -- and they're not in danger of going away.
by akie 10y ago
These are not the only two options: Germany pays (very) high wages, but has many manufacturing jobs -- and they're not in danger of going away.
- _fizz_buzz_ 10y agoGermany also has a much higher degree of automation compared to the US: https://twitter.com/TheEconomist/status/846769129763880961 https://twitter.com/TheEconomist/status/846769129763880961
- ed_balls 10y agoAnd you base that on what? Tesla is doing 10x improvements in automations and will force BMW/Audi/Mercedes to do it as well.
- _fizz_buzz_ 10y agoI think you underestimate the level of automation at a german car manufactures (e.g.: https://youtu.be/VreG1iC65Lc?t=1m6s https://youtu.be/VreG1iC65Lc?t=1m6s).