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Tech is cheap and ubiquitous. Perhaps people in SE Asia and Africa might want to invest in a T-shirt sewing robot and an Internet connection such that they can
by otakucode 9y ago
Tech is cheap and ubiquitous. Perhaps people in SE Asia and Africa might want to invest in a T-shirt sewing robot and an Internet connection such that they can run absolute circles around every major developed-world company by keeping their overhead low. Those multi-hundred-million-dollar CEOs from those American (or Chinese) companies are a tremendous drain. And that's not even to mention their absurd gigantic office complexes which aggressively destroy value at every turn...
- deleted 9y ago[deleted]
- chris_wot 9y agoThat requires infrastructure. Here's the thing though: if you can do it dirt cheap overseas and cut out labour, then you can do it dirt cheap pretty much anywhere. Offshoring really gets done to reduce costs via cheaper wages. If you take out the wages, then offshoring doesn't look as good as it once was. The issue is that white collar work is now the stuff that gets offshored. But then I see the absolute dire service many outsourced companies provide and I often wonder how much the business loses because of it.
- icebraining 9y agoLots of stuff are made in China due to proximity to resources, not just cheap labor. T-shirts don't qualify, though - the US is actually the largest cotton producer.
- chris_wot 9y agoIn that case, Australia should soon have a large manufacturing base.