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This shift is largely due to the cost of human capital. If automation advances exponentially like many believe it will, should we expect much of this manufactu
by joejerryronnie 7y ago
This shift is largely due to the cost of human capital. If automation advances exponentially like many believe it will, should we expect much of this manufacturing to move back to the US? At that point, shipping would probably be the largest variable cost in getting goods to market.
- nradov 7y agoNo, shipping is such a small component of most product costs that it can never have a huge effect. (Except perhaps for heavy, bulky low value goods.)