By Claire Lamarre. Manufacturing Robot. Published at Sunday, November 18th, 2018 - 19:54:03 PM.
In addition to cost efficiency, high-tech training for certain manufacturing jobs would be very scarce to come by. The automated, hyper-efficient shop floors of modern manufacturing won't give Trump much room to deliver on his promises to bring back millions of jobs for his blue-collar supporters. Instead of companies investing in robots to give them better returns in the future, they would have to invest in training programs to help accommodate workers that need the training for more complex jobs. Specifically, for more digitalized companies, the margin for investing in training compared to that of robotic costs would be very high, to the point where it wouldn't even make much sense to invest in job-specific training.
NPR Planet Money Correspondent Adam Davidson tackled the issue of manufacturing in the United States by examining the history of manufacturing in one town-Greenvile County, South Carolina. Greenvile used to be a textile manufacturing town where communities were defined by what factory you worked for. The jobs were great for people with little education. It was common for people to drop out of high school in order to start work. Manufacturing jobs in the United States was always a great option for people who might be unable or unwilling to go to college and get a law or business degree. Manufacturing gave a certain sect of the American population a chance at the American Dream. Over the years, as textile manufacturing jobs continued to be outsourced overseas, the factories began to close.
Proponents of a minimum wage increase say it will not affect jobs, corporations or small businesses adversely. Well, I suppose that a slight increase in minimum wage wouldn't and it might keep the masses happy, but it won't be a net positive, every little increase will affect businesses, profits, capital investment and jobs. Let's talk a little bit about economics 101 and then let me light a fire under your rear with a robotic future reality if minimum wage increases are too drastic.
Before automated cigarette manufacturing machines were introduced, all cigarettes where made by hand. People worked on a line and rolled and glued the cigarettes one at a time. This process was slow and did not produce many cigarettes in a given day. Today, there are more than sixteen thousand cigarettes made each minute on one machine. Supply and demand. These companies will keep the cigarettes on the shelves and in your fingers as long as there is a demand for them.
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