Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Mary Cluney who wrote (9927)	10/8/2006 8:22:51 PM
From: Box-By-The-Riviera™	Respond to of 218621

so, you didn't show the win of the win in your win win. c'mon mary, sing it.

To: Mary Cluney who wrote (9927)	10/8/2006 8:34:50 PM
From: Maurice Winn	Respond to of 218621

In defence of "mind numbing assembly lines where people do long hours on very simple manual labour", they are not all that bad. I've done my share of such jobs and one is NOT mind-numbed. One in fact is mind-freed to think about what one likes while doing a job which requires very little brain effort. I don't think the American middle class is hurt by outsourcing, even temporarily. Nearly all of them benefit. It's just the overpaid who lose their jobs [temporarily] and have to lower their pay rate who are hurt - but they get to buy all the other stuff, not just their own newly-outsourced products and services, so when they get their new job, they are better off than if everything stayed Made in USA. <Sure the American middle class are being temporarily hurt by this outsourcing. But, over the short to intermediate term, the American middle class will readjust and will be much better off for the future and be prepared for the jobs of the future. Temporarily the outsourcing is great for the Chinese economy. But the American middle class will really be the bigger beneficiary over the longer term. Actually it is a win win situation. > I don't think the American middle class will be the bigger beneficiary. On the contrary. The people going from borderline subsistence rural life to a cyberspace economic age are the biggest beneficiaries. The American middle class loses ground relatively, but gains in absolute terms. It is a win-win-win-Winn situation [I sell them all CDMA phragmented photon cyberphones]. Mqurice

To: Mary Cluney who wrote (9927)	10/8/2006 10:16:57 PM
From: TobagoJack	Respond to of 218621

Hello Mary, <<You make this sound like some great Chinese victory>> ... you are reading what isn't there. Please do not for a moment believe that I am not concerned about globalization. I am terrified, and yet see no alternative. I am fairly sure that China development was made possible by cheap labor, from 1982 to 1995, enhanced by inexpensive capital, from 1996 to 2006, and I suspect will be powered onward and upward, by value-packed intellectual property going forward. I look at my little dumpling of a daughter, and think, "yikes, tough going ahead". So, the glee you may detect is not about ethnic anything, for you are on the wrong premise if thinking so, but about the haves and havenots, and the want to haves, and about chaos, crisis, volatility, etc. I love excitement, even if I worry about same. On the benefits of globalization I am clear, but the down side is huge for some as well. I did the calculations, and having the global population gravitate toward a common mean, of say USD 10k/year, is expanding the pie, but also taking a lot from some as well. Chugs, J

To: Mary Cluney who wrote (9927)	10/9/2006 10:40:59 AM
From: Seeker of Truth	Read Replies (2) \| Respond to of 218621

"Using robots or whatever." 45 years ago when I was in the environment of the first robots and now ,the situation is the same. We are still far away from producing robots that can recognize what they are looking at and manipulate the object(s) sensibly so as to manufacture anything. Robot vision is still a dream. It's something like nuclear fusion as a source of energy. There is some difference. Nuclear fusion as a source of energy may not ever be achieved whereas the robots with hand-eye coordination will surely come, but not anytime soon. Chinese labour will be useful from all levels, i.e. illiterate to experienced graduate engineer or Ph.D. Chemistry researcher. They are all cheaper than the corresponding US worker. The difference in cost will not disappear in our time.