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Yes, but even so, we're going into a perpetual labor shortage due to the population pyramid. Even CNC machines need people to program them, load/unload parts,
by mikewarot 4y ago
Yes, but even so, we're going into a perpetual labor shortage due to the population pyramid.
Even CNC machines need people to program them, load/unload parts, tools, empty the chips, replace lubricant, etc. Parts have to be inspected, packed for shipping, etc.
There are a lot of people involved in manufacturing, the vast factories with no people in them and lights out are the rare exception.
- mschuster91 4y agoWhen labor availability goes down, its price goes up, and so investing in expensive automation becomes competitive. Alternatively, governments may also choose to increase immigration.