4 ms·

Let’s assume all of this is done in good faith (which is debatable) and genuine love to bring manufacturing back to America. If you were in charge, how would y

by akudha 1y ago

Let’s assume all of this is done in good faith (which is debatable) and genuine love to bring manufacturing back to America. If you were in charge, how would you do it? What is the long term plan here? Even with massive capital, it is near impossible to set up factories and train workers overnight or even in a few months. Are there any incentives to make household items here? How is it possible to compete in price with the Chinese factories? If the plan is to use 100% automation and robots, that defeats the purpose of creating jobs, right? I genuinely don’t understand this whole thing.

hintymad 1y ago
> If you were in charge, how would you do it TBH I'm not sure. My charitable interpretation is that the US government said they would try but never did, or at least not successfully. At least Trump's government is willing to try in broad daylight, and Vance explicitly called out that it is a pipe dream that a nation could enjoying drawing boxes in air-conditioned offices and hope that we have technology superiority forever, as innovation only came from doing. So, I'm willing to give them benefit of doubt and wait for months if not years to see how things pan out. > Are there any incentives to make household items here? My naive view is price is the incentive. True capitalism means when price is too high to have space to arbitrage, the investment will pour in or the bootlegging will proper. I hope it's the former. > If the plan is to use 100% automation and robots, that defeats the purpose of creating jobs, right? My optimistic view is that we would create a lot more jobs in different categories if we can achieve certain level of automation. P.S., super successful people like Balaji basically said that it's hopeless now. The western world can't bring manufacturing back because we don't have talent or know-how or great workforce any more. That saddens me greatly. China didn't have talent or know-how or great workforce 20 or 25 years ago. If we read the newspaper then, we would see everywhere that western talent and professionalism were the envy of the entire nation. Most people thought owning a car was a pipe dream, let alone making their own AEW or 5th-gen fighter jet. It was Japanese, Taiwanese, Americans, and Europeans who brought investment and know-how to China to boostrap the great nation. Yet now we throw the towel and thhink we can't rebuild out talent? Our fate is becoming a neo-colony?

by akudha 1y ago

hintymad 1y ago

> If you were in charge, how would you do it TBH I'm not sure. My charitable interpretation is that the US government said they would try but never did, or at least not successfully. At least Trump's government is willing to try in broad daylight, and Vance explicitly called out that it is a pipe dream that a nation could enjoying drawing boxes in air-conditioned offices and hope that we have technology superiority forever, as innovation only came from doing. So, I'm willing to give them benefit of doubt and wait for months if not years to see how things pan out. > Are there any incentives to make household items here? My naive view is price is the incentive. True capitalism means when price is too high to have space to arbitrage, the investment will pour in or the bootlegging will proper. I hope it's the former. > If the plan is to use 100% automation and robots, that defeats the purpose of creating jobs, right? My optimistic view is that we would create a lot more jobs in different categories if we can achieve certain level of automation. P.S., super successful people like Balaji basically said that it's hopeless now. The western world can't bring manufacturing back because we don't have talent or know-how or great workforce any more. That saddens me greatly. China didn't have talent or know-how or great workforce 20 or 25 years ago. If we read the newspaper then, we would see everywhere that western talent and professionalism were the envy of the entire nation. Most people thought owning a car was a pipe dream, let alone making their own AEW or 5th-gen fighter jet. It was Japanese, Taiwanese, Americans, and Europeans who brought investment and know-how to China to boostrap the great nation. Yet now we throw the towel and thhink we can't rebuild out talent? Our fate is becoming a neo-colony?