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  1. #1
    Took Advantage of Lifes Mulligan Pancho Villa's Avatar
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    Default FoxConn to Automate / Be Careful What you Wish For

    Robots are apparently replacing the chinese:

    Higher wages means that automation becomes, relatively, more profitable. And it is to automation that most jobs go to die, not trade or international competition.

    These robots are being used at Foxconn for the same reason that self-service checkout counters are being used in supermarkets, for the same reason that self-service yoghurt shops proliferate. The change in relative prices between labour and machines means the machines are being used in place of the people...

    ...Those who have been agitating for higher wages can pat themselves on the back for those who keep their jobs will indeed be getting higher wages. But there will be fewer of them as a result. Manufacturing jobs, minimum wage jobs, service jobs, whatever, the result is always the same: raise the price of labour and more automation will happen.”
    Economic reality is a little different than what the dimwitted hope it to be, but is about as easy to avoid as the law of gravity. Labor prices are not some magic number that can be raised or lowered by government policy, no matter what the demagogues say.

  2. #2
    Sig Fantastic Ronin13's Avatar
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    Quote Originally Posted by Pancho Villa View Post
    Robots are apparently replacing the chinese:



    Economic reality is a little different than what the dimwitted hope it to be, but is about as easy to avoid as the law of gravity. Labor prices are not some magic number that can be raised or lowered by government policy, no matter what the demagogues say.
    Means more in-house manufacturing, but the real problem is here for sure- less jobs with more automation. If you're a manufacturer, better get taught on how to fix the machines if you want to stay employed.
    "There is no news in the truth, and no truth in the news."
    "The revolution will not be televised... Instead it will be filmed from multiple angles via cell phone cameras, promptly uploaded to YouTube, Tweeted about, and then shared on Facebook, pending a Wi-Fi connection."

  3. #3
    Rebuilt from Salvage TFOGGER's Avatar
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    Default

    And thus, Skynet became sentient....and cussed profusely at AT&T because it had no signal for its iPhone....
    Light a fire for a man, and he'll be warm for a day, light a man on fire, and he'll be warm for the rest of his life...

    Discussion is an exchange of intelligence. Argument is an exchange of
    ignorance. Ever found a liberal that you can have a discussion with?

  4. #4
    Sig Fantastic Ronin13's Avatar
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    Quote Originally Posted by TFOGGER View Post
    And thus, Skynet became sentient....and cussed profusely at AT&T because it had no signal for its iPhone....

    Skynet becomes angry at Verizon and Tmobile because of incompatibility, targets the "can you hear me now?" guy and the TMobile hottie.
    "There is no news in the truth, and no truth in the news."
    "The revolution will not be televised... Instead it will be filmed from multiple angles via cell phone cameras, promptly uploaded to YouTube, Tweeted about, and then shared on Facebook, pending a Wi-Fi connection."

  5. #5
    Total Scoundrel - But Friendly jplove71's Avatar
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    Quote Originally Posted by Ronin13 View Post

    Skynet becomes angry at Verizon and Tmobile because of incompatibility, targets the "can you hear me now?" guy and the TMobile hottie.
    My jailbroken iPhone 3G works just fine with my T-Mobile service. :P
    NRA Lifetime Member - My Feedback

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