Automation. Outsourcing is a net gain for domestic employment.
As companies are able to get rid of relatively low skill jobs stateside, they can then increase their labor force of “high skill” jobs.
Let’s say I have to pay a line worker in San Francisco $40 an hour, but if I ship that assembly job to China, I can pay $2 an hour. That savings allows me to scale up operations.Since I’ve been able to dramatically lower the price, I can pass that savings on, making player computers in your pocket and affordable every day device.Because cell phones are now easily […]
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