4 Reasons Why ‘Made in China’ Isn’t Cost-Effective

4 Reasons Why ‘Made in China’ Isn’t Cost-Effective

It’s no secret why many companies choose to outsource some or all of their manufacturing processes to China. The availability of cheap labor and lack of stringent regulations in the country mean U.S. companies can save significantly on fixed costs by outsourcing – at least in the short-term. In practice, however, offshore manufacturing tends to cost far more in the long run. Here are some of the main reasons why. 1) The current trade war with China

The U.S. is currently imposing approximately $250 billion in tariffs on Chinese imports. For the first time in a long time, many […]

J-PAL North America’s newest initiative explores the work of the future

J-PAL North America’s newest initiative explores the work of the future

“The future of work will be determined by who yields power and for what purposes. We are in a moment of great transition — we have an opportunity to imagine what a new social contract can be,” said Sarita Gupta, executive director of Jobs with Justice and co-director of Caring Across Generations as she kicked off last Friday’s launch of J-PAL North America’s Work of the Future Initiative .

Gupta opened the confercence with a powerful call to action for participants to shift the narrative around “the future of work.” The newest initiative from J-PAL North America, a research center […]

Editorial: Too many can’t afford to buy healthy food

It has been known for some time that certain foods are linked to ailments such as heart disease, Type 2 diabetes and a variety of cancers. Red meat, processed meat and products high in saturated fat such as cream top the list.

With this in mind, Health Canada has issued a new Food Guide, which places more emphasis on fruit, vegetables and whole grains.

The problem is that half of the working-class families in our country say they either cannot afford such a diet or would find it a struggle. And their concern is understandable.The price of vegetables is forecast to […]

Axios Future

Axios Future

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Situational awareness: Sears is suing Eddie Lampert, its former CEO, and his hedge fund for allegedly siphoning off its assets, reports WSJ . Last year, we reported on accusations that Lampert cannibalized Sears .

Any stories we should be chasing? Hit reply to this email or message me at steve@axios.com . Kaveh Waddell is at kaveh@axios.com and Erica Pandey at erica@axios.com .Okay, let’s start with … 1 big thing: An AI frenzy Illustration: Sarah Grillo/Axios Amid a torrid geopolitical, commercial and scientific race around artificial intelligence, universities are adding professors, classes […]

Will Robots Completely Replace the Labor Force in Future Rapid Machining Industry?

Will Robots Completely Replace the Labor Force in Future Rapid Machining Industry?

With the advancement of Robotics in recent years, will they become a cheaper alternative to a human labor force? Robotics ( Newswire.net — April 18, 2019) — With the accelerated development of artificial intelligence and 3D printing, robots will expand to all corners of the rapid machining , covering the industry sector is not limited to services, technology and technology work is not spared. Then when people lose their jobs, their income is also deprived.

AI and Robots will Replace Humans after their High Development Earlier, a British broadcaster had reported that French socialist Benoit Hamon won the 29th […]

Good life after work

Good life after work

LONDON ― Almost all "robots are coming" stories follow a tried-and-true pattern. "Shop Direct puts 2,000 UK jobs at risk," screams a typical headline.
Then, quoting from authoritative reports from prestigious institutes and think tanks, the article in question usually alarms audiences with extravagant estimates of "jobs at risk" ― that is, percentages of workers whose livelihoods are threatened by high-tech automation.
To quote another representative example: "A new report suggests that the marriage of [artificial intelligence] and robotics could replace so many jobs that the era of mass employment could come to an end."
Sometimes, this […]

Good life after work

Good life after work

LONDON ― Almost all "robots are coming" stories follow a tried-and-true pattern. "Shop Direct puts 2,000 UK jobs at risk," screams a typical headline.
Then, quoting from authoritative reports from prestigious institutes and think tanks, the article in question usually alarms audiences with extravagant estimates of "jobs at risk" ― that is, percentages of workers whose livelihoods are threatened by high-tech automation.
To quote another representative example: "A new report suggests that the marriage of [artificial intelligence] and robotics could replace so many jobs that the era of mass employment could come to an end."
Sometimes, this […]

Future of work about much more than technology, automation: Report

Future of work about much more than technology, automation: Report

Employers must prepare for broader trends impacting labour market – including a possible rise in wildfires, floods and mudslides Calgary endured its heaviest flood in decades in 2013. A new report from the Brookfield Institute for Innovation and Entrepreneurship says employers need to prepare for more natural disasters in the future. Reuters/Andy Clark/File Photo

When predicting the future, employers have much more to worry about than technological change and automation, according to a new report by the Brookfield Institute for Innovation and Entrepreneurship in Toronto.

Demographic change, environmental sustainability, political uncertainty and globalization are all factors employers must consider when forecasting […]

The good life after work

The good life after work

LONDON – Almost all “robots are coming” stories follow a tried-and-true pattern. “Shop Direct puts 2,000 UK jobs at risk,” screams a typical headline. Then, quoting from authoritative reports from prestigious institutes and think tanks, the article in question usually alarms audiences with extravagant estimates of “jobs at risk” – that is, percentages of workers whose livelihoods are threatened by high-tech automation. To quote another representative example: “A new report suggests that the marriage of [artificial intelligence] and robotics could replace so many jobs that the era of mass employment could come to an end.” Sometimes, this bleak outlook […]

How govts can generate good, stable jobs

How govts can generate good, stable jobs

The study defined a good job as stable formal-sector employment that enables at least a middle-class lifestyle by a region’s standards. NEW DELHI: The lack of good jobs is one of the most significant issues affecting societies globally. A combination of technological and economic forces, such as globalization , automation and the gradual decline of public sector jobs, is causing social unrest in developing and developed countries alike.

A new paper by Dani Rodrik of the Harvard Kennedy School of Public Policy and Charles Sabel from the Columbia Law School highlights the underlying causes of the global jobs crisis while […]