Automation In China & The United States
In an article that was originally published in Assembly Magazine, Harry Moser, founder and president of the Reshoring Initiative, explores the effect automation will have on the U.S. and Chinese economies. Moser writes:
“Automation helps developed countries more than developing countries. Developing countries’ key advantage is lower wage rates. Automation reduces the labor hours required to produce goods and shifts the labor mix toward higher skilled workers. That creates a problem for China, because at higher skill levels, the wage gap between U.S. and Chinese workers is smaller.”
Click here to read Moser’s full article, which is reprinted here with permission of Assembly Magazine.
The mission of the Reshoring Initiative is to bring good, well-paying manufacturing jobs back to the United States by assisting companies to more accurately assess their total cost of offshoring, and shift collective thinking from offshoring is cheaper to local reduces the total cost of ownership.