Comment Re:dead end in the making (Score 1) 50
Actually, aren't we already eclipsed by them?
No, not yet.
Innovation still largely happens in the West. China and others are rapidly catching up, but they're not there quite yet. And their disadvantage of cheap labour is slowly diminishing as well as the Chinese people demand that they benefit from the whole thing as well.
pay a new worker $13-15 an hour, and if the place is unionized, then you have to give them regular breaks and guarantee them OT and holiday pay and et cetera, et cetera.
That is all smoke & mirrors. How many companies from Europe do you see outsourcing to the USA because of the lower minimum wage and the weaker unions? None. Because those are just bullshit arguments they've been peddling for decades because they work. Sadly, our politicians these days are (in general, a few exceptions nonwithstanding) both incompetent and corrupt, so it's working even better now.
I've been involved in a few location decisions on the company level. Pay is a factor. But language is a huge one (what good is cheap work if they don't understand what you want them to do?), logistics is another (how far is it from our current location, and how easy to get to?), surrounding infrastructure, availability of qualified people nearby, options for additional space to expand, heck I've seen a company move HQ because the new location was closer to the CEOs home.
automate the manufacturing with AI and computer vision, and just have a dozen trained techs on staff to solve issues when they come up.
Yupp, the Silicon Valley style of solving everything. Companies buying into that soon learn that manufacturing is a lot more than a couple people/robots doing stuff.
It'll become a self-leveling problem
That's what I said. Assume for your example that you need not just a few techs, but also at least one or two people who actually understand how manufacturing works. Where do you get these people when there are no more manufacturing jobs?
or cities become entire graveyards for all the people who can't find a job.
Let's force all the decision makers (politicians and CEOs) to make a month-long "vacation" in Detroit. Drop them off with nothing but their clothes in the city center. They all got where they are because they're so smart and successful, so shouldn't be a problem, right?