Clearly fear mongering. Outsourcing IT is nothing new, it happens here and there and sometime it works and sometimes it fails.
IT and manufacturing have nothing to do with each other and in all reality the US has tons of manufacturing jobs.
We need better education if we want people to grow up with ambition and a skillset that isn't so easily replaced. We have to invest into out citizens to ensure we have a good workforce.
OR, we accept that every country has a 10% demographics that is pretty darn smart and those 10% globally are the people that do a huge majority of the necessary work. The other 90% are just there mostly contributing to their own existence.
Once you tap the 10% of your country, you need to get tap the 10% of the rest of the world. That being the case, we problem need to accept that fact that the 10% need to subsidize the 90% in both brainpower and a fair piece of the pie. Income inequality really isn't good for anyone, it just slows down the economy because hording money never increases production or profits.
Either way you have to subsidize the dumb people and as we automate more, we have to subsidize more and more people. People won't just go away quietly or be swept under the rug. They will keep reproducing even with the lowest possible standard of living you can image. Adaption is the human superpower, so wage inequality is not going to fix itself. It will take an act of democratic power.
The idea that there can always be enough jobs in the country for everyone to be employed is just false and it's getting less and less true every decade.
Clearly fear mongering. Outsourcing IT is nothing new, it happens here and there and sometime it works and sometimes it fails. IT and manufacturing have nothing to do with each other and in all reality the US has tons of manufacturing jobs. We need better education if we want people to grow up with ambition and a skillset that isn't so easily replaced. We have to invest into out citizens to ensure we have a good workforce. OR, we accept that every country has a 10% demographics that is pretty darn smart and those 10% globally are the people that do a huge majority of the necessary work. The other 90% are just there mostly contributing to their own existence. Once you tap the 10% of your country, you need to get tap the 10% of the rest of the world. That being the case, we problem need to accept that fact that the 10% need to subsidize the 90% in both brainpower and a fair piece of the pie. Income inequality really isn't good for anyone, it just slows down the economy because hording money never increases production or profits. Either way you have to subsidize the dumb people and as we automate more, we have to subsidize more and more people. People won't just go away quietly or be swept under the rug. They will keep reproducing even with the lowest possible standard of living you can image. Adaption is the human superpower, so wage inequality is not going to fix itself. It will take an act of democratic power. The idea that there can always be enough jobs in the country for everyone to be employed is just false and it's getting less and less true every decade.