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> For example, American manufacturers use far fewer robots than their competitors, in particular in Taiwan, South Korea and China, according to the Information
by pseudo0 3y ago
> For example, American manufacturers use far fewer robots than their competitors, in particular in Taiwan, South Korea and China, according to the Information Technology and Innovation Foundation, a Washington think tank.
Just handwaving this aside is ridiculous. Productivity is a function of capital investment in technology. If all the free capital is going into share buybacks, $5 billion in the last year, no wonder productivity is flat.
https://www.levernews.com/automakers-hand-billions-to-shareholders-while-stiffing-workers/ https://www.levernews.com/automakers-hand-billions-to-shareh...
- landoftheice 3y ago[dead]