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"If it was just automation, it would still be here - only automated. It's not." It is though. The U.S. steel industry which everyone thinks is dead, for exampl
by 0xBDB 4y ago
"If it was just automation, it would still be here - only automated. It's not."
It is though. The U.S. steel industry which everyone thinks is dead, for example, is producing at about 70% of its all-time peak. It's just doing it with 15% or less of the peak workforce. And the current numbers represent about 5% of world steel production - which is consistent with our population, just not with the fact that we once produced the majority of the world's steel.
https://blog.boydmetals.com/the-past-present-and-future-of-the-american-steel-industry https://blog.boydmetals.com/the-past-present-and-future-of-t...