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Non-Tech : Kirk's Market Thoughts
COHR 178.34-10.2%Dec 12 9:30 AM EST
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To: robert b furman who wrote (6795)2/25/2019 10:31:40 AM
From: Kirk ©   of 26768
 
Hi Bob

AI & Robotics for assembly
China's historic growth was flawed in their hope/ belief thay could become the manufacturing center for the world.

All of those new plants provided a flawed design of putting a lot of people to work and too build lower qaulity products that could simply be replaced and keep the work force employed.

AI and robotics will now have advances that will keep excess capacity and its burdens, squarely on China's back. IMO

China is already seeing assembly jobs move to lower cost places like Cambodia and Vietnam. It is a "race to the bottom" for many assembly jobs... probably shoes, clothing and other things that you need a 5th grade education to understand how to use scissors, needle and thread. (ie don't run with scissors is kindergarten but following a pattern to sew is probably 5th grade.)

Kirk
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