3/7/2017 0 Comments
President Donald J Trump ran to victory on a platform of bringing jobs back to the US after they were shipped away to other countries for cheaper labor. His administration wants to provide incentives to companies so that they will be more encouraged to bring their manufacturing back to the US. However, a casual glance at the data shows that this approach is misguided at best.
While Globalization has been the favorite scapegoat called up by politicians, it only accounts for a small percentage of jobs moved out of the country to China, Mexico, India or other places. The vast majority of the jobs were taken by automation. Here is an excerpt from an article in Quora last November, 2016:
"BMW, Toyota, Honda, and Mercedes have all moved production to the southern tier of the USA in order to be closer to their major markets in the USA. They realized two important things: 1) robots supply cheaper and better labor than Mexicans or Asians and 2) you don’t necessarily win by selling the low priced product in every category (Germans never do)."
You can read the entire article here...https://www.quora.com/Why-do-Americans-fear-globalization-and-are-they-justified
Here is and excerpt from another article in the New York Times from December 2016
"Donald J. Trump told workers like Ms. Johnson that he would bring back their jobs by clamping down on trade, offshoring and immigration. But economists say the bigger threat to their jobs has been something else: automation.“Over the long haul, clearly automation’s been much more important — it’s not even close,” said Lawrence Katz, an economics professor at Harvard who studies labor and technological change."
You can read the entire article here...https://www.nytimes.com/2016/12/21/upshot/the-long-term-jobs-killer-is-not-china-its-automation.html
And here is another article from the research of Dr. Elliot Morss, an analyst from Johns Hopkins studying the relationship between jobs and Globilization from January 2017...
"As I have written, the vast majority of jobs lost in the US were taken away by automation, not Globilization"
You can read the entire article at ..http://seekingalpha.com/article/4022831-important-takeaway-u-s-election
The hot subject is that the robots are coming to take jobs. The truth is, they've been here for some time (since 1978) taking jobs. We have almost 40 years of evidence to show what happens when robots take jobs in a society without a transition plan or a vision forward. The evidence includes:
This process is happening around the world. Brazil, Greece, the UK, France, etc. The reason why this subject is hot now, is because of machine learning. Another level of artificial intelligence through The Internet of Things is about to speed up the advancement of robots taking jobs by over 200%. Even more, the advancements now extend beyond manufacturing jobs. We're now talking about stock brokers, doctors, managers, analysts, lawyers, etc. This is an ongoing process that will continue to change the very landscape of all society and the world. Our job at LEAD Global is to help us re-imagine what this future could be. We see great possibilities with this new future unfolding, but it will take time to socialize this conversation.
THE LEAD GLOBAL DENVER EVENT
We want to remind those of you in Denver, CO USA to register for the Denver event on March 30th, 2017. We'll drill down on this subject and the opportunities that are unfolding on a daily basis inside of the Fourth Industrial Revolution/World Shift. Click this link to register..https://clients.coloradosbdc.org/workshop.aspx?ekey=370043
Chet W. Sisk is an author and one of the world's leading Social Futurists. He is also expert on the current world paradigm shift. Find out more about him and the LEAD Global Team at www.leadtheshift.com or you can write him directly at email@example.com