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Jim's avatar

Nicely summarized. And yes, manufacturing will return, and it will be robotic assembly lines as much as possible.

The part of letting BYD electric cars into a market is that the cars are assembled completely by robots on the assembly line. The logistics tail is handled by robots. AI places the orders and manages the inventory. The only people involved are a handful of technicians and managers.

Compare that to the assembly lines in Detroit or Oshawa. 1500-2500 bodies putting in 8hr shifts. The BYD factory runs 24hrs a day.

So now the problem is how to have a customer base that can afford to buy a car. Henry Ford had to pay his workers a high wage to create a market for his car. This is the ‘elephant in the room’ for the elites. With out consumers, from where will their next loan come when their stock portfolio evaporates?

We are facing the possibility of the collapse of society so that cities are either ‘welfare islands’ or people are forced to spread out and become subsistence farmers again. Either way, it will hurt.

And the best cure for what ails us is the first target of the elitist scorn: education. It is no surprise that the Trumpists destroyed the Department of Education. The trade schools, community colleges and universities were all part of the ‘Liberal Arts’ system that provided people an education that taught them to critically think, adapt and most importantly educate themselves. This provided flexibility, both in thinking and adapting to changes in the world, and specifically the job market.

This old chestnut may become much more relevant in the future:

Ye reap what ye sow.

Christine Tara's avatar

In the 1970s the ‘investors’ protested. The top notch greed and percentage pariahs began their 30 year- get- richer plan. Creative job destroyers lounge in the No Tax on Us Club. 55 years later these boys and girls rule the playgrounds.

The following is a from this Search term: living wages in the automotive factories in the 1960s

“Real wages and living standards of auto workers rose dramatically. Measured in constant dollars, the 1947 average weekly wage in the industry of $56.51 had doubled by 1960 to $115.21, and tripled by 1970 to $170.07”.

Strong unions were broken by the Profit over People (POP)movement.

As mentioned by Jim: Compare that to the assembly lines in Detroit or Oshawa. 1500-2500 bodies putting in 8hr shifts. The BYD factory runs 24hrs a day.

So where can one find the AI guide book of Baby Robot Names?

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