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My understanding is that cheap labor (China) is why there was nearly a complete stop of factory automation. Instead of increasing automation, low cost labor was
by le-mark 5y ago
My understanding is that cheap labor (China) is why there was nearly a complete stop of factory automation. Instead of increasing automation, low cost labor was utilized instead. Now that wages are rising around the globe, there should be increased innovation around automation. Explicitly that would be factory robots.