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Alibaba's Jack Ma backs down from promise to Trump to bring 1 million jobs to the US
#12
(09-20-2018, 10:56 AM)Au165 Wrote: Tariffs don't take into account the technological factors at play today. They are an archaic tool that doesn't work in today's world because the options aren't pay people here to make it or pay them there, now there is a third option of let a robot make it. If things cost to much to make here or abroad robots will be made to eliminate the human cost. It is not science fiction it is happening. Heck McDonalds and other fast food joints are adding kiosks to prepare for the point when worker wages exceed the cost of automation. There will come a time eventually where you order on a kiosk and a machine builds your big mac. It'll create mid level programming and technical servicing jobs but not the production and unskilled labor jobs people think these Tariffs will bring back.

Will the robots build it like the commercials?  If so I'm all in.  
“History teaches that grave threats to liberty often come in times of urgency, when constitutional rights seem too extravagant to endure.”-Thurgood Marshall

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RE: Alibaba's Jack Ma backs down from promise to Trump to bring 1 million jobs to the US - michaelsean - 09-20-2018, 11:05 AM

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