[Yashcheritsiy]

And that’s why a combination of tariffs and CGT cuts can bring it back.

Point remains - it didn’t disappear because of “robots.”

[bert]

No, all the mill machines are gone. I was present to witness the inventory of stuff being crated up and shipped out of the country.

The stuff needed for manufacturing is gone

[bert]

I witnessed the packing and shipping of a cotton yarn plant from NC to Bangladesh.

It received bales of cotton on one end and spit out yarn on the other. It was state of the art and required a very minimum of people.

There are going to be out of work Bangladeshis as a result of this robot plant coming into operation

[expat_panama]

...it didn’t disappear because of “robots.”

There are two things we might want to understand here.  One is that the article doesn't blame "robots" for "stolen factory jobs. Folks with graduate degrees in robotics laboring in Palo Alto, Calif., West Lafayette, Ind. and Boston are to blame."

The other thing is that we need to understand what folks w/ degrees in robotics build.  

 

←they don't build stuff like this...

 

...they design these things: ↓

WENDY’S ANNOUNCEMENT that it will deploy self-service kiosks across its 6,000-plus restaurants like the one abovebytheendof the year should benosurprise to thosewhounderstand theimpact ofminimum-wagehikesonjobs. As the government makes employing unskilled workers more expensive, robots and other job-killing machines become more economically feasible. A bill to raise the minimum wage to $15 should be called the Robot Full Employment Act.