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> people claim that there's just no possible way production can't be shifted back to North America and Europe The assumption that those advanced economies woul
by forapurpose 9y ago
> people claim that there's just no possible way production can't be shifted back to North America and Europe
The assumption that those advanced economies would want manufacturing back seems like nostalgia to me. Wouldn't that be going backward, to jobs of the mid-20th century with their income and quality of life? Those economies should be moving forward to better, more productive, safer, less physically difficult, higher paying jobs. Try working in a factory for awhile and you might appreciate your desk job with its ergonomic challenge of monitor height.
> If there's no labor advantage, offshoring production is a logistical nightmare.
Based on what I've read, labor plays only a small role. It's local expertise and its network effect, as with any geographical cluster for any industry. SV is an example: All the technical experts, the financiers, the schools ... even the real estate developers and local governments know what startups and IT giants need.