Published at Thursday, November 08th, 2018 - 15:06:30 PM. Manufacturing Robot. By Marcelle Grimard.
The idea of bringing back manufacturing jobs to have people, not robots, perform specific tasks to complete production would have a significant impact on the current state of the worldwide economy. The day and age of having only people perform automated jobs is over and Donald J. Trump will fail to bring back what he promised. This transition won't appear to be cost-effective, the required high-tech relevant training will be scarce, and the worldwide economy would have less incentive to globalize.
Offshore manufacturing is beneficial to both the manufacturer's country of origin and the host country for it provides employments opportunities, taxes and other benefits for the host country. As for the company's origin country, it lowers the cost of goods and services because goods produced cheaply are also sold at a competitively cheaper price.
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