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A comment on Decline in the labor share of income in the U.S.. Parent comment
Don't think for a second that the chinese will be spared when also they are too expensive.
Between 98-04 the US lost 4 million jobs t the chinese in that same period the chinese lost 18 million to the robots.
Outsourcing is just one step before automation.
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Don't think for a second that the chinese will be spared when also they are too expensive.
Between 98-04 the US lost 4 million jobs t the chinese in that same period the chinese lost 18 million to the robots.
Outsourcing is just one step before automation.