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:
agree with you, at least for the next 10 years, I think the job market is going to stay unstable. Some industries will rise, new ones will show up fast, and some will shrink or disappear.
People need to be ready to learn new skills quickly, right away, because the market is going to keep shifting. What you do now might not be what pays the bills two or three years from now.
That’s the reality for the next probably 10 years. If someone can’t learn new skills while life is happening, they’re going to get left behind.
I think 10 years will be on the short end. This is a more generational issue.
I have worked many different jobs over my life. What allowed me to do it was a good education in arts and sciences. From IT to Trades, I could pick up a book or manual and teach myself how to analyze a system and troubleshoot it. The skills my father and mother taught me gave me the discipline and pride to do work for which I would always be proud. I strongly suspect that anyone with a Business degree these days is barely educated enough to be a bank teller or a barista.
The biggest problem in the next 10 years will be the passing of institutional knowledge as the Baby Boomers leave this earth. Many, many businesses rely on mechanical infrastructure that is from the 1960’s - 1980’s. Pre-electronics. Buildings rely on piping that is constantly being eroded on the inside and corroded on the outside. Electrical panels have capacity limits and often the feed from the grid are max’s out. Will anyone know how to replace these things?
The only way forward will be to keep the elders from retiring, until businesses find enough younger people with the aptitude to learn from them. But that assumes the elders are wanting to keep working: physically demanding jobs exact a toll on your health, and many will no be able to keep working past 60, let alone 65.
In many circumstances, the window to bring a new generation up to speed has been lost. And to rebuild from the current business and education systems will be painful if it can happen at all. The current assault on the US Economy does not look like it will slow up before a crash.
You are quite correct about the quality of current degrees, particularly in the economic/business fields they aren't teaching anymore just indoctrination by the Predatory Pirana Class Parasites
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?
DJTbag doesn't possess the intelligence to use tariff policy to repatriate manufacturing. His calculus is simple(minded): tariff revenues, derived from working consumers, displace income taxes, paid by the wealthy. DJTbag has never cared about the future of the USA; he is a pure engine of greed, and he is a traitor.
If tariffs actually “work” what would happen is Americans would PAY for manufacturing to return to US soil just so the companies could hire Americans at slightly higher wages….who then would just pay the already artificially high prices that are currently bankrupting the middle class because of tariffs! …and the billionaires just get richer.
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.
agree with you, at least for the next 10 years, I think the job market is going to stay unstable. Some industries will rise, new ones will show up fast, and some will shrink or disappear.
People need to be ready to learn new skills quickly, right away, because the market is going to keep shifting. What you do now might not be what pays the bills two or three years from now.
That’s the reality for the next probably 10 years. If someone can’t learn new skills while life is happening, they’re going to get left behind.
I think 10 years will be on the short end. This is a more generational issue.
I have worked many different jobs over my life. What allowed me to do it was a good education in arts and sciences. From IT to Trades, I could pick up a book or manual and teach myself how to analyze a system and troubleshoot it. The skills my father and mother taught me gave me the discipline and pride to do work for which I would always be proud. I strongly suspect that anyone with a Business degree these days is barely educated enough to be a bank teller or a barista.
The biggest problem in the next 10 years will be the passing of institutional knowledge as the Baby Boomers leave this earth. Many, many businesses rely on mechanical infrastructure that is from the 1960’s - 1980’s. Pre-electronics. Buildings rely on piping that is constantly being eroded on the inside and corroded on the outside. Electrical panels have capacity limits and often the feed from the grid are max’s out. Will anyone know how to replace these things?
The only way forward will be to keep the elders from retiring, until businesses find enough younger people with the aptitude to learn from them. But that assumes the elders are wanting to keep working: physically demanding jobs exact a toll on your health, and many will no be able to keep working past 60, let alone 65.
In many circumstances, the window to bring a new generation up to speed has been lost. And to rebuild from the current business and education systems will be painful if it can happen at all. The current assault on the US Economy does not look like it will slow up before a crash.
You are quite correct about the quality of current degrees, particularly in the economic/business fields they aren't teaching anymore just indoctrination by the Predatory Pirana Class Parasites
Or PPPP: the Predatory Piranha Populist Parasites.
Either works.
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?
DJTbag doesn't possess the intelligence to use tariff policy to repatriate manufacturing. His calculus is simple(minded): tariff revenues, derived from working consumers, displace income taxes, paid by the wealthy. DJTbag has never cared about the future of the USA; he is a pure engine of greed, and he is a traitor.
the current leadership lack of longterm thinking, always capital focused. people suffers.
If tariffs actually “work” what would happen is Americans would PAY for manufacturing to return to US soil just so the companies could hire Americans at slightly higher wages….who then would just pay the already artificially high prices that are currently bankrupting the middle class because of tariffs! …and the billionaires just get richer.
No Other Choice