Shore thing

As Overseas Costs Rise, More U.S. Companies Are ‘Reshoring.’

What the article doesn’t mention as the journalist no doubt knows little about the topic is that the reason many companies are moving operations back to the US as that more and more is being automated.

And as more is done by robots, a robot assembling something in China costs the same as a robot assembling something in Kentucky, but it’s closer to your customers.

There will be no net gain over the long term in manufacturing jobs in the US or in China. In fact in thirty years, there will be nearly no humans working in manufacturing anywhere on the planet.