/Sino/

>>67420580

They export 3x as much to us as we do to them, go ahead.

>>67420580
Well it's tough really. They are hitting brand stuff and that's all that America is left with. Reg angry white guy elected Trump to bring jobs or factories from China and it begs a question - what factories? All those facilities were built by communities, people, local governments. They payed taxes for infrastructure, healthcare, pensions, a lot of shit. Then they went ahead and built those factories. They belong to those competitive ecosystems and they can suffer a lot of hits I guess. Scary thing is that China might be hitting brand and high value market that is super fucking weak actually. while letting regulars take a blow. Economy will suffer badly, but those ecosystem will recover anyway. While China might take down Americas last strength. That is high value market. Angry white fagget won't pay taxes for all that is needed for even Korea kind of economy, let alone China or Japan.

>>67420580
Aren't you missing a link in there friend?

>>67420580
>China can also limit the number of Chinese students studying in the US.
Wish this would have happened while I was in school.

i think in reality trump will not do anything

he is all the talk and none of the meaning

he is a weak man

look at how he responds to the laws in the usa already

nothing will change

>>67422052
RARE FLAG

>>67422052
Republicans will just control him and everything around him. Mike Pence will be the real president.

>>67422052
Keeping my expectations low and expecting this.
That being said, I hope I'm suprised.

>>67422052
you talk like Jorge

Jorge, are you in China?

>>67420580
>China stops exporting their shit to the US
>US forced to open production back up to replace the losses, or goes elsewhere for cheap labor.
>Chinese economy suffers from lack of exports
Isn't the tit-for-tat approach an isolationist policy that typically hurts the economies of large countries?

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>>67422052
More like he just has no idea what he's gotten himself into, and will depend on his aides and Congressional Republicans for guidance. So things will change from the way Obama did things a little bit, but he'll just end up being another George W. Bush.

>>67421236
>While China might take down Americas last strength. That is high value market
They won't.

>>67423385
t. Lehman Brothers CEO.

>>67423385
Won't what?

>>67423385
>just ignore 2008

>>67423848
Refuse to buy Boeing jets for their 600 mill aero transportation market, kick GM, Ford out of largest car market in the world, magically go down from 22 million cars a year to 3 million etc

>>67423963
>Refuse to buy Boeing jets for their 600 mill aero transportation market
Wait, aren't they conducting mass industrial espionage on those?

>>67423963
I think that would affect China more negatively than the US or Europe because they would revert to Third World living standards. Let's be honest, chinks can't create jack all in the way of domestic products.

>>67425012
So? Did they build 747 clone? Conventional business trumps anyway.

>>67425088
Did Europe or Japan/Korea/Taiwan/Malaysia elect Donald Trump? Let's not generalize here, pls. I don't think they can't, I'm sure their hardliners are dying for a situation where they would have to.

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>>67425088
>I think that would affect China more negatively than the US or Europe because they would revert to Third World living standards. Let's be honest, chinks can't create jack all in the way of domestic products.

ANY DAY NOW

>>67426618
Zhang plz.

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>>67420639
Why are chinese women so superior?

>>67425088
>China myth #12

>>67430671
Just about all manufactured wares made by indigenous Chinese companies are either for domestic consumption or export to Third World countries.

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>>67430845

>>67430845

Wow, I guess that's why I can buy Xiaomi, One Plus One and Huawei phones in Finland, because we're 3rd world.

https://elisa.fi/kauppa/#!/puhelimet/OnePlus-3-64-Gt

>>67423385
I don't care for Apple man, I use an Xperia phone, my gaming rig is an Asus, I like Korean MMOs, etc. Really when you think America it quite isn't brands like Mont Blanc or Rolex, "Trump" certainly doesn't have the same associations for high end. I like Adidas better than Nike, anything from handcrafted artisanal to luxury I can barely think of any American brands I still prefer, maybe Levi's or Converse and I can certainly do without those, everything electrodomestic I can buy Mexican. Cars, we make plenty of German and Japanese branded.

Seriously the only reason I'd actually find it difficult to boycott American brands and American made is fucking grocery shopping, that's it other than fast food and media. And believe it or not my country is one of the largest export markets for American products. we are number 2 after Canada and twice as big as China which is number 3, we get everything you can buy in the US and yet tbqh most I could do without, and these days I do feel strongly about going out of my way not to buy American.

Americans genuinely don't give a fuck what the largest buyers of their exports think about them and their country. I don't know how strongly Canada will side us with the whole re-negotiating NAFTA bit but as much as a blow as it would be for us we might be better off than tied to a dying, rotten corpse.

>>67431202
You know they're spying on you if buy their phones right?

>>67422441
Benis

>>67420580
good thread

where do i post if i'm learning mandarin but don't care about china

>>67431202
Sure, if you want to buy pieces of shit for poor people.

>>67420580
>US soybean and maize imports will be halted.
Dog bless
I can smell a new boom on the soy demand

>>67420580
>China can also limit the number of Chinese students studying in the US
Oh god please

>>67431451

Chinese spying >>> American spying

>>67432164
>shit for poor people

Those would be iPhones.

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a trade war hurts everyone, so I'm against it. To pretend that it doesn't hurt major exporters way more is idiotic though.

Despite the US's large economy and key role in securing sea lanes since WWII, we never really committed ourselves to international trade. As a percentage of GDP, imports/exports for the US are very small compared to most nations (especially major exporters like Germany and China). Even then, most of the imports/exports are with Canada and Mexico; that is to say, a nearly domestic affair.

>>67432750
Okay Zhang. At least american spys with the intention of rooting out terrorism.

>>67432750
>>67432772
ni hao

>>67433848
>implying

http://www.focus.de/finanzen/news/enercon-spione-im-wind_aid_162267.html

http://www.zeit.de/wirtschaft/2013-07/wirtschaftsspionage-nsa-usa-deutschland

basically, NSA used their assets to gain german technology, especially new types of wind power generators.

USA on suicide watch.

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>>67433882
你好

>>67420580
USA has more leverage than China because China is the top exporter in the world while the US is the top importer. The american consumer is basically propping up the global economy.

If the US puts up high tariffs on China, expect the Chinese economy to take a massive economic hit that will lead to millions of lost jobs and much reduced economic growth.

>>67431214
but who was talking about mexicaca

delete your post right now

>>67434486
Nailed it on the head. Protectionism is the best way to the local economy.

The rust belt is going through hell because of globalism.

What's some essential bilibili viewing?

Let's be honest, at the moment the Chinese economy cannot even compare to the US economy.

The US is the innovative center of the world. All the best new ideas come out of America. As soon as the ideas come out, the chinks start running their photocopiers.

Cars, iphones, mobile apps, software, military technology, entertainment, education, America makes and innovates the best of everything. Chinks aren't even on the same playing field.

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>>67434572
kys cock sucker

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Whatever the fuck could we do back before we went full globalist and sold out our average man

ah, that's right, extremely fast growing prosperous economy and empowered middle class Americans all around

>>67434969
>Protectionism is the best way to the local economy.
lmao, go back to /pol/. it's not the 40s anymore. thinking you can stop globalism with a bunch of tariffs is completely retarded.

they'll never have their jobs back. they're gone, they don't exist anymore. even if for some miracle they could bring factories back to the US, they would be almost completely automated. who voted for trump thinking he would bring them back is an idiot.
also today on some site americans were talking about making iphones and more cars in the US. they obviously don't understand that it's not as easy as propping up a factory. they don't have the massive web of infrastructures that support chinese factories. it will take decades to rebuild everything. if americans really want to try some shit with china the only result will be that a tv will cost 2000 dollar instead of 800.

>>67435133
>Cars, iphones, mobile apps, entertainment, education
>innovates the best of everything

on the scale of 0 to american, how retarded are you?

Slap tariff on chinese import, china get hit, manufacturing move to other countries, rust belt stays cucked

slap tariff on every other country, world starts playing european/east asian rules, rust belt stay cucked, California might as well quit the union since their export gets hit by retaliation

You Murrifats and Europoors have no idea how much money the Chinese actually have, and have made off you and unfair trade deals because the West are a bunch of pussies.

There are so many millionaires, billionaires in China it's fucking ridiculous. And the middle class is rising rapidly.

You can see guys everywhere driving Lamborghinis, Ferraris, Mercedes, Audi, BMW, etc. Not just in Shanghai, but even backwater shitholes like Chengdu or Changsha.

They got ALL of this money at YOUR expense. They took it away from YOU. Meanwhile the average Amerifat and European is struggling to survive.

Trump being elected and taking back this money will only be a good thing. Trump needs to make China poor again.

>>67435236
Fuck off convict. America will slap a 35% tariff on every single developing country that steals a single american job. All the factories will move back to America. Better, stronger, more advanced.

>>67435479
>They got ALL of this money at YOUR expense. They took it away from YOU. Meanwhile the average Amerifat and European is struggling to survive.
Capitalism is not a zero sum game. Most trade is mutually beneficial. The only way China is stealing from us is IP theft. Also, were not struggling to survive thank you very much. Our poor still live better than 99% of the world. Our poor struggle with obesity, not hunger, ffs.

>>67435506
stay delusional cletus, jobs aint coming back, at best trump may convince china to lower customs taxes on us goods, but it's either illegals or automation, no jobs for your entitled ass

A trade war will only delay China's rise, with no short or long-term benefits for the US. Also, the rest of the world would suffer along from the disruptions if it were to happen, and credibility of Americans would take a huge dip for invalidating trade agreements. Don't be a nationalistic dummy like >>67435506

>>67435206
Go to bed, Jim Rogers.

>>67435548
This, children, is the mindset that lost Hillary the election.

>>67435548
>>67435549
>>67435562

Go to bed, Zhang, Chang and Ping Pong.

>>67435601
Go back to r/china.

>>67435646
Go back to r/asianmasculinity

>>67435597
No, that's just truth.
The mindset that lots Hillary the election is "If you don't immediately want to vote for our shitty candidate over another shitty candidate and if you don't refer to everyone by their preferred spirit animal you're a despicable racist and theres no point trying to convince you about any actual policies"

>>67435549
How would a trade war even work with a country like China which owns so many companies around the West? Would they target China as a whole and leave those corporations unaffected?

>>67420580
>China can also limit the number of Chinese students studying in the US
oh the horror, someone please save us from this terrible turn of events

>>67435683
The mindset that lost Hillary the election was this liberal elitist crapping on people who work for a living. No, you're all just stupid toothless Confederate flag waving hicks. You're not as enlightened as Beyonce or Lena Dunham.

>>67435206
No, you obviously don't understand. Argentina has been applying protectionism on and off for the last 100 years, and look at us! Literally number 1

>>67435206
>they would be almost completely automated
This is the biggest meme of all.

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>tfw all the Chinese international students go home

>>67435548
This.

What makes retards think there will industrial jobs? There will never be low-pay production jobs in the US. Simply because investing in machinery and hiring a few machine/process operators is cheaper than hiring hundreds of production workers.

Use your fucking head.

I'm not saying that Trump is a bad candidate though. He did talk bullshit though, but that's every candidate for you.

>>67435807
No it's not, I work as a process operator in a automated American-Dutch factory.

read this
>>67435830

>>67435549
>A trade war will only delay China's rise

China cannot become a global superpower for a whole bunch of reasons including the lack of allies, lack of a language that's easy to speak and write, having a totalitarian government, having no exportable culture, a mindset that discourages innovation and individuality, etc.

>>67435807
>chinks work their ass off on sweatshops
>virtually no minimum wage or unions
>the chinese government devaluates its currency everyonce in a while
>makes it difficult for them to import stuff from the rest of the world, but makes it cheaper for everybody else to buy chinese shit

Unless the US gets rid of virtually every worker right, American companies will lose money by using American workforce

>>67435807
That was debunked on a /pol/ thread I was in earlier today. It's a meme because machines [spoiler]still require people to design, build, operate, and maintain them.[/spoiler]

>>67435844
>people on 4chan
>employment
>life
Good one.

>>67420580
>China can also limit the number of Chinese students studying in the US
>the fuckers who pay a fuck load of money to go to literal last choice schools
I beg of you. the dumb fuckers eat crows, you can keep them.

>>67435848
By rise I meant economic power, not superpower.

>>67435910
I can timestamp tomorrow night, because I will have a nightshift

>>67435872
But automation has to create less jobs than it takes away because automation only happens when it is cheaper than human labor. So like instead of 200 factory workers, you have 10 various people who are employed to maintain the machines.

>>67435956
Again, the language and mindset of the country work against it. Chinese have always valued having an orderly, harmonious society rather than the Western idea of competitiveness and oneupmanship.

>>67436017
It doesn't. Were that true, there would not be any need of chink sweatshop labor as a machine would just sew all those Barbie dolls.

>>67435479
>Meanwhile the average Amerifat and European is struggling to survive.

If not being able to buy the newest smartphone every year and not going on holiday twice a year counts as struggling to survive.

>>67436035
But the chinks devalue their currency and subsidize a lot of things in order to make that labor cheaper than automation.

>>67436035
The labour in China is cheaper than automation, that's why mass manual labour still works there.

>>67436017
>you have 10 various people who are employed to maintain the machines

And many more to design, produce and operate them.

>>67436026
Are you suggesting China's economic growth will hit a glass ceiling because of confucian values? China threw all that away during their cultural revolution, which is why they're so uncivilized and materialistic. They'll use any underhanded tactics to catch up.

>>67436132
Very well then, he agrees with me about automation being a meme. :^)

>>67436143
Actually Mao's ideas of continuous revolutionary upheaval were more alien to China than anything which was why after he died, they quickly returned to a kind of neo-Confucianism.

>>67436154
China can devalue its currency and not pay any minimum wage
The US can't

>>67436154
yeah, while we're at it, better ditch all the factory farming machiens, surely cletus and his cousins will make american agriculture industry great again

>>67436140
But not every factory needs to design/build/maintain their own machines. You just buy them with a maintain contract
I'm in a job close to it. My company builds and designs machines. My job is to maintain them, we have several hundred machines spread over the globe, a group of 30 men is enough to maintain them.
My company has 150 people in employment in total, so not really big.

>>67436154
It only doesn't work in places with extremely low labour costs. Here automation is a thing because we have a high labour costs, higher than the cost of machines.

>>67436154
No he doesn't you retard

He says that it is cheaper to produce in China. That is the face of western capitalism, produce as cheap as possible and sell at the maximum possible price.

You cannot industrialise America, it's not going to re-employ all the people that lost their jobs. A small part of them rather and then again those people are probably not educated in PCS/DCS or whatever system that will be used.

Face reality, Donald Trump is a good candidate better than Hillary, but he fucking lied and was talking bullshit.

Trump's stance on China should be really interesting. From what he is doing with Russia, assuming he follows that model in Asia, he'll abandon Obama's pivot to the Pacific. Playing ball with China in that game will go a long ways.

>>67420580
>China can also limit the number of Chinese students studying in the US

Thank you

>>67436262
If that's true, why do Western European companies like the factory you work in hire cheap slave labor from Ukraine and Romania? (^:

>>67436440
The investment is high and not all companies want it, yet. Doesn't mean automation is a meme or that is isn't the future.
But look at car manufactures, a lot of work is already taken over by machines.

>>67436492
Very good. He again admits automation is a meme and his company in Rotterdam pays Ukrainians sub-minimum wage.

We're done. Nothing to see here, people.

>>67436522
Three wrongs in one sentence, great work Cletus.

>>67436440
We only have Polish immigrants and they work in farms. I've been over this a million times, stop being retarded and think. I've never seen an Ukrainian without a degree here and the Bulgarians are usually professional thieves/scammers or both.

>>67436522
Do you even know why is burger so damn cheap in USA? Why USA is the biggest agriculture exporter in the world? Meme machines

>>67436570
Burger King would be cheap here too if it wasn't heavily taxed.

>>67436570
The government subsidizes agriculture here. Actually Australia has more mechanized farming than the US owing to the lack of a readily available supply of Mexican bodies to pick fruit with.

>>67435807
Correct.
>Someone has to build it
>someone has to maintain it
>they need to purchase the robots from robot stores
>which need to be designed and built in even more factories
>which need to source smaller parts from smaller factories and manufacturers
>all of the people down the supply chain need to be paid
>all of them need to be managed
>all of them would get health benefits and retirement plans
>requiring people to maintain and service said plans
>all these factories need financing and insurance
>all of these companies need HR people and IT people and counsel and regulators
>all of these people and companies paying taxes locally and federally
>all these people that are employed now need to buy homes and cars and stuff, and entertainment and food and bars and movie theaters and clothes and doctors etc.
>all of those people employed in those services

>>67436622
The truth is, the U.S. doesn't have enough qualified personnel. Most of you guys are retards or suffer from conceitedness.

>>67436622
A lot of those jobs are already existing, what automation does is remove the bottom layer, the large group of workers with a low income and education.

>>67436710
>the large group of workers with a low income and education

That would be all the Slavpoors working in your factory, Jan.

>>67436749
We don't have them, Cletus.
We only have educated Dutch people in my factory.

>Argie populist government forces protectionist measures left and right, fees everywhere
>benefits mostly a select few national companies
>the US bullies the government diplomatically because it hurts American exporters
>takes the issue to the WTO
>WTO fails against Argentina, forces the government to lift those measures or get excluded from a number of other organizations and trade deals

Americans are ok with protectionism as long as noone else does it

>>67436772
The US is fine with anything, as long as they are the one doing it.

>>67422441
Benis

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>>67430295
Insatiable lust for white cock.

>>67436803
That guy works on a company that automates stuff. I doubt you can hire an uneducated slav to design, manufacture and maintain that stuff.

>>67436848
Lyl and you actually believe him?

>>67436861
I have as many reasons to believe him as I have to believe you. But there have been companies especially built around automating other companies jobs' since the industrial revolution, man.

>>67422441
I hate this meme

In fact he's probably not really employed anyway, he's probably a NEET with a collection of MLP porn like 80% of this shitty website.

>>67436928
You mean me? Yes, I'm unemployed, that's why I'm currently sitting in a van, going to my work.

That's also the reason I get a couple of thousand euros a month, just for being a NEET, right?

>>67436182
You forgot endless pool of peasants.

>>67436217
>You just buy them with a maintain contract

That's how I get my bread on the table.

>>67437005
Fuck off AvE

>>67436749
>Believing this meme
>Not knowing slavs work on farms or are continental truck drivers

>>67436602
>The government subsidizes agriculture here
Massively. Most of the subsidies doesn't go to family farms.

>>67437020
Wtf did I do.

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I for one embrace our new Chinese overlords

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>>67422168

>Mike Pence will be real president
>Trump already re-established his commitment to keeping gay marriage, which he already established during his campaign

No doubt will he get advice from Republican advisors/staff/VP/etc., but I think you're underestimating his stubbornness. By standing up for gay marriage he has already exchanged the middle finger to religious right policies of Pence.

Unlike you, I predict that Pence will be like every other VP -- a tiebreaker vote in the Senate. Nothing more, nothing less.

>>67433987

naw, I'm the most optimistic I've been in a decade

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>>67435542
>The only way China is stealing from us is IP theft.

That's pretty much all we have, broski, besides our local services economy. And guess what?

Ideas can be stolen with industrial espionage, but physical products can't be stolen in the same way. Well, not unless you resort to privateers or shit like you're 18th century Britain.

Let's be real here, our country predicating all of its promising economic growth, putting all of those eggs in one basket, is simply retarded when our video games get pirated, our movies get pirated, our music gets pirated, our R&D blueprints get photocopied, and our technological advantage over third world countries' labor advantage is nullified. We picked the wrong path. You can't expect to deindustrialize, convert to a knowledge/service economy, and then pretend that others can't just steal that knowledge from you for nearly free.

And meanwhile, we have a fucking presidential candidate who doesn't even have a basic fucking clue about computer security.

God fucking damn, we deserve everything done to us.

>>67435787

yes I'm sure that has nothing to do with nationalizing Spanish industries, which is about 3 steps to the extreme degree over protectionism.

putting up tariffs penalizes specific industries, whereas nationalizing an oil company sends a big large message "if you invest in our country, we'll just steal it, so don't bother." that's a little bit more serious than a tariff, my friend

>>67437481
Hell he is telling off anyone that started race baiting after he won.

Hes moving the repubs left, in the good ways.

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>>67436190

>wanting a large mass of unemployed aimless people living in your country

yes my friend, we already tried that, when the auto manufacturers declined that left a mass of idle black people in our northern cities. those idle people were sucked into a life of crime and murder and the majority, a generation or two later, still haven't escaped that gravity well of misery.

but I guess I should listen to the Australian "social stability" expert who says "well guh-hyuk, let's just let it happen again!"

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>>67437750

>Hes moving the repubs left, in the good ways.

Yeah I agree with that, but I'm biased because I'm a secular agnostic.

I remember the shit the religious right did during the 1980s, and to be honest the Reaganesque fervor for religion made the party uncompetitive compared to the Democrats.

Now, in a hilarious reverse of fate, identity politics will probably make the Democrats an uncompetitive party now (for at least a decade) that Republicans have moved past gay marriage and 2 of the Trump SCOTUS candidates refuse to reverse Roe v. Wade.

>>67437688
So basically were fucked, and this country is going down the drain no matter what?

Great, I love being alive during this time!

>>67433848
>Okay Zhang. At least american spys with the intention of rooting out terrorism.

NSA SPIED ON NOKIA TO DESTROY THEIR PHONE DIVISION BECAUSE IT WAS THE ONLY PHONE OPERATING SYSTEMS (SYMBIAN-MEEGO-MAEMO) NOT CONTROLLED BY AMERICAN COMPANIES.

>>67435807
>>they would be almost completely automated
>This is the biggest meme of all.

Rise of the Machines: The Future has Lots of Robots, Few Jobs for Humans

https://www.wired.com/brandlab/2015/04/rise-machines-future-lots-robots-jobs-humans/

One multi-tasker bot, from Momentum Machines, can make (and flip) a gourmet hamburger in 10 seconds and could soon replace an entire McDonalds crew. A manufacturing device from Universal Robots doesn’t just solder, paint, screw, glue, and grasp—it builds new parts for itself on the fly when they wear out or bust.

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>>67435807
>>they would be almost completely automated
>This is the biggest meme of all.

Mexico stealing factory jobs? Blame automation instead

Despite the Republican presidential nominee’s charge that “we don’t make anything anymore,” manufacturing is still flourishing in America. Problem is, factories don’t need as many people as they used to because machines now do so much of the work.

http://www.cbsnews.com/news/mexico-stealing-factory-jobs-blame-automation-instead/

Tesla acquires German engineering firm to create ‘Tesla Advanced Automation Germany’

https://electrek.co/2016/11/08/tesla-acquires-german-engineering-firm-create-tesla-advanced-automation-germany/

you'll see just how vile chinese people are with all this. They have been keeping their currency artificially low and will throw a screaming bitch tantrum every step of the way

>>67422441
re pli

>>67440660
Yes, that's called devaluation and 90% of every developing country has done that to make sure they can keep their jerbs

>>67440779

Kek

>>67420580
>A batch of Boeing orders will be replaced by Airbus.
Notable.
>US auto and iPhone sales in China will suffer a setback
Less notable.
>US soybean and maize imports will be halted.
>China can also limit the number of Chinese students studying in the US.
Harms China more than it harms the US by a significant degree. Gee, I just HATE having extra food and educated young people.

ITT: non-college educated white males thinking they're getting their manufacturing jobs back.

>>67442899
Fuck you trump will make american coal profitable again
USA USA USA

>>67440141
>>67439988
http://www.economist.com/news/special-report/21700758-will-smarter-machines-cause-mass-unemployment-automation-and-anxiety

>Predictions that automation will make humans redundant have been made before, however, going back to the Industrial Revolution, when textile workers, most famously the Luddites, protested that machines and steam engines would destroy their livelihoods. “Never until now did human invention devise such expedients for dispensing with the labour of the poor,” said a pamphlet at the time. Subsequent outbreaks of concern occurred in the 1920s (“March of the machine makes idle hands”, declared a New York Times headline in 1928), the 1930s (when John Maynard Keynes coined the term “technological unemployment”) and 1940s, when the New York Times referred to the revival of such worries as the renewal of an “old argument”.

>Yet in the past technology has always ended up creating more jobs than it destroys. That is because of the way automation works in practice, explains David Autor, an economist at the Massachusetts Institute of Technology. Automating a particular task, so that it can be done more quickly or cheaply, increases the demand for human workers to do the other tasks around it that have not been automated.

>>67443002
>There are many historical examples of this in weaving, says James Bessen, an economist at the Boston University School of Law. During the Industrial Revolution more and more tasks in the weaving process were automated, prompting workers to focus on the things machines could not do, such as operating a machine, and then tending multiple machines to keep them running smoothly. This caused output to grow explosively. In America during the 19th century the amount of coarse cloth a single weaver could produce in an hour increased by a factor of 50, and the amount of labour required per yard of cloth fell by 98%. This made cloth cheaper and increased demand for it, which in turn created more jobs for weavers: their numbers quadrupled between 1830 and 1900. In other words, technology gradually changed the nature of the weaver’s job, and the skills required to do it, rather than replacing it altogether.

>In a more recent example, automated teller machines (ATMs) might have been expected to spell doom for bank tellers by taking over some of their routine tasks, and indeed in America their average number fell from 20 per branch in 1988 to 13 in 2004, Mr Bessen notes. But that reduced the cost of running a bank branch, allowing banks to open more branches in response to customer demand. The number of urban bank branches rose by 43% over the same period, so the total number of employees increased. Rather than destroying jobs, ATMs changed bank employees’ work mix, away from routine tasks and towards things like sales and customer service that machines could not do.

>>67443028
>The same pattern can be seen in industry after industry after the introduction of computers, says Mr Bessen: rather than destroying jobs, automation redefines them, and in ways that reduce costs and boost demand. In a recent analysis of the American workforce between 1982 and 2012, he found that employment grew significantly faster in occupations (for example, graphic design) that made more use of computers, as automation sped up one aspect of a job, enabling workers to do the other parts better. The net effect was that more computer-intensive jobs within an industry displaced less computer-intensive ones. Computers thus reallocate rather than displace jobs, requiring workers to learn new skills. This is true of a wide range of occupations, Mr Bessen found, not just in computer-related fields such as software development but also in administrative work, health care and many other areas. Only manufacturing jobs expanded more slowly than the workforce did over the period of study, but that had more to do with business cycles and offshoring to China than with technology, he says.

tl;dr luddites BTFO once again

>>67442899
Nervous Zhang? Trump will make it unprofitable for American companies to manufacture abroad, so they'll move it domestically instead.

>>67442481
Are you implying that the US is the only soy producer in the world?

>>67420580

No mitä helvettiä sä sitten itkit trumpin voitosta kun diilit tuleekin tästälähin eurooppaan eikä jenkeille. Tais olla vaan liian kova ideologinen häviö.

>>67422168
>will just control him
More like impeach him at the first sign of trouble

Right now they may be bending their knees but when the pan gets hot they're the first ones to jump

Insiders will always work for insiders

>>67443522
You underestimate the God Emperor. He is a multi-billionaire who dgaf, he can't be bribed or coerced.