Interesting to read all these comments about the "real" problem. What the article actually SAID was: "Labor in India and China is still cheaper than it is in t

Interesting to read all these comments about the "real" problem. What the article actually SAID was: "Labor in India and China is still cheaper than it is in the United States, but it's not the obvious economic move that it was just a few years ago: Wages in India have increased about 10 percent annually over the last five years" In other words, it might seem - I say might, because the article is obviously not a real heavy-hitter with data - that the old idea of wages balancing over regions is coming true. I find this interesting because I used to reject this notion, because I feel labor is actually very static (you can't just freely move to China if the jobs move there), but my economics days pre-date the internet and much of what we can do today via technological advances. So, I'm not really sure about anything based only on this article, but find this to be very interesting. As far as the Automation part goes, I think in the short- to medium-run it will simply become a case of "Automating things" is the new hot job for a while. Purely theoretical, long-run thoughts? We are moving closer to that Utopia of machines doing all the labor, while Joe Man-on-the-street gets a guaranteed yearly salary so he doesn't rebel and kill everyone with money. Unless Running Man is your thing.