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This is not about robotics, it's about cheap labour displacing expensive labour through outsourcing and companies capturing some of the vast difference in cost.
by jpatokal 13y ago
This is not about robotics, it's about cheap labour displacing expensive labour through outsourcing and companies capturing some of the vast difference in cost. Which also means it's temporary, since incomes (and thus costs) rise in the poorer countries, and any excess margin eventually will get competed away.
That said, since "temporary" here may well last several generations, there's plenty of societal upheaval ahead.