well, most of the high tech equipment is manufactured in Communist China and other foreign lands
and most of the designers and programers of that equipment are either IN Communist China or India or other foreign lands, or they are from China or India, etc.... taking jobs in SillyCon Valley and other “American” high tech factories ... imported, largely, by the executive management of said firms so that they don’t have to hire USA citizens...(see, for example, the following article from today’s news cycle...but this problem has existed for many years, its only gotten more and more pronounced in the last four or five years but this problem dates back a long time as the “American” companies have liked the “better work ethic” of the “more productive” foreigners...)
So, with much of the equipment made overseas and then most of it designed and coded by foreign workers (both overseas and working in USA jobs)... “what’s to worry??”
/s
He said that the government would control all the robots and production and just send everyone a check to buy what they need.
Didn't I recently read that half of Americans are on government relief now?
This all sounds pretty good. I don’t knowmwhy Wadhwa would be worries.
Disruptive technology, despite it’s name, is usually a huge positive.
This, especially, would be a tremendous benefit: “”As of this year, it is cheaper to manufacture in the United States than it is in China, he says.”
Yet, this article is a bot all over the place. And anything associating itself with “The Singularity” is a bit suspect in my mind.
So, we won’t have to do anything?
If we don’t have to do anything, everything costs nothing.
If everything costs nothing, what is the need for money to “buy” anything?
At the margins, disruptions are devastating. Buggy whip manufacturers hated the car. But some “Coach Makers” found a way. Optometrists HATE cheap eyeglasses on the rack at CVS, Rite Aid etc ... but, if that’s all you need, that’s all you need. The examples are endless.
Creativity, talent and hard work will ALWAYS rise to the top. The US benefited from being the only thing left standing after WWII. Now, let the games begin. Anything artificial, non-productive or friction-inducing will be turned away.
Get the leeching hoardes and the Gub-Mint out of the way, follow the US Constitution, practice sound money policy and only intervene when US INTERESTS are involved and just WATCH what will happen.
Chi-Comms, Socialists and the Sand Rats of the mid east will have NOTHING to keep them afloat.
After the coming “re-set”, it will once again be “Morning in America”.
Manufacturing moves back to the USA finally, but this time under the banner of “full employment for robots” ... LOL ...