4 ms·
But America bet on the winning horse. Manufacturing no longer brings in the big bucks. We are living in the information age. In particular, there is only so muc
by dauertewigkeit 4y ago
But America bet on the winning horse. Manufacturing no longer brings in the big bucks. We are living in the information age. In particular, there is only so much growth that you can have in a well developed industrial sector.
- fkcgnad 4y agoInformation is an illusion. What are you going to do with pure information? Nothing. For information to be worthwhile it must be actualized into physical reality. There is huge practical evidence for this. China. The technological rise of China is unlike anything ever before seen in history. The reason why china rose is because of the massive transfer of industrial knowhow of manufacturing aka the actualizing information. We gave them the means of becoming powerful while we ourselves moved higher up the stack.
- nemo44x 4y agoThe USA manufactures more than it ever has. The horse we bet on is relying on our tech to automate much of it so factory workers are unbelievably productive. Whatever we can’t automate we ship out to China, etc.