......it's AUTOMATION that's costing jobs (globally) not outsourcing. And that genie ain't going back in the bottle.
BINGO!! That is a subject we would discuss at length 40-50 years ago.
How many jobs will Automation cost in the future? Well, The "future" is here and it is now.
Thousands of jobs have been lost to automation and it will continue.
Yeah, people forget that when the idea first started getting discussed of how America was going to become a service economy the driver envisioned for that was NOT outsourcing, it was automation. We’ve known for a long time that we were going to manufacture our way out of actually needing people to manufacture stuff (which is amusingly ironic to anybody who took and remembers Latin), it’s an inevitable outcome of the manufacturing line.
I've posted before that it isn't only about automating manufacturing - Google is killing the American office worker. When the answer to almost any question is only a few keystrokes away, who needs Bill in Accounting with 20 years experience in "knowing stuff" and a big paycheck? Who needs Jack the PC tech when he is lazy, wrong half the time, and the the problems he gets paid to solve in two hours can now be fixed in 30 seconds by asking your web browser?