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good. maybe we can copy some shit for cheap and leap frog a few generations instead of leading the world!
by calvinmorrison 10mo ago
good. maybe we can copy some shit for cheap and leap frog a few generations instead of leading the world!
- jfengel 10mo agoUnlikely, since our labor costs are still considerably higher than elsewhere. For a very long time our economy has rested on developing high margin products and letting others do the low-marginal-overhead of making it. We assumed that they were not going to catch up to us as innovators. That was a dangerous mistake, and we may be left with nothing.
- dalyons 10mo agoChinas labor costs are no longer cheap either. They just have higher tech factories now.