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Labor? We are talking about automation. What I am saying, in your words, is automation will shift the "economies of proximity" equation to make more sense back
by owens99 8y ago
Labor? We are talking about automation.
What I am saying, in your words, is automation will shift the "economies of proximity" equation to make more sense back in the USA.
- chimpburger 8y agoNot everything will be automated simultaneously. In order to build a factory that is completely automated there is still human labor in building the factory itself, building infrastructure, mining and transporting materials, etc.
- mises 8y agoBut here's the possible issue: Chinese factories start industrializing. They stay near the others. Because everyone's still in China, the next generation will be built there. This is a big part of the reason why America winning the "AI arms race" is so important.