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You'd be surprised how quickly this can change. I'm actually more worried about workers in developed countries where the costs and ongoing benefits are higher.
by erikig 10y ago
You'd be surprised how quickly this can change. I'm actually more worried about workers in developed countries where the costs and ongoing benefits are higher. As the expertise spreads across the globe faster than ever, why build these agents of automation (robots, self driving cars etc) in an economy where the costs are so high?
- evgen 10y agoYou would build them in a developed country because cheap labour has no real impact on your cost of goods when dealing with this level of automation. A developed country gets you better infrastructure, access to the educated workforce needed to maintain and adapt your automation, and you are closer to your market.
- mattnewton 10y agoI would think you would build them as close to your main markets as real estate and electricity costs will let you, to lower transportation costs and to allow you to be sloppier when predicting demand (no longer thinking in terms of shipping containers arriving at the warehouse next month). Which probably means developed countries like you suggest.