It's jobless innovation in more ways than one. Every time a new product is
designed or a new assembly plant is built then more automation is built
into it. China already has its own growing unemployment. When workers'
wages rise high enough (in four/five years?) there'll be Chinese
corporations making products in America just as we already have Japanese
and Korean manufacturers in the UK. The present export of Apple jobs is
only a relatively temporary blip. Meanwhile, American customers will be
benefiting from cheaper iPads than if made in the US and American pension
funds will be benefiting from Apple's profits.
Keith
At 09:27 18/04/2011 -0400, you wrote:
Subject: [ PFIR ] IEEE Spectrum: "Jobless Innovation?"
IEEE Spectrum: "Jobless Innovation?"
(IEEE)
"The decline in jobs and wages occurred, all the more shockingly,
alongside the revival of Silicon Valley as a global innovation center.
Not only did the area spawn major new companies, such as Twitter and
Facebook, but it also saw a startling series of victories by Apple in
the new arenas of the iPod, then the iPhone, and most recently the
iPad. And yet despite achieving stunning dominance in smartphones and
tablet computers, Apple today employs 10 workers in China for every
worker in the United States."
- - -
--Lauren--
Lauren Weinstein ([email protected]): http://www.vortex.com/lauren
Co-Founder: People For Internet Responsibility: http://www.pfir.org
Founder:
- Network Neutrality Squad: http://www.nnsquad.org
- Global Coalition for Transparent Internet Performance:
http://www.gctip.org
- PRIVACY Forum: http://www.vortex.com
Member: ACM Committee on Computers and Public Policy
Blog: http://lauren.vortex.com
Twitter: https://twitter.com/laurenweinstein
Google Buzz: http://j.mp/laurenbuzz
Quora: http://www.quora.com/Lauren-Weinstein
Tel: +1 (818) 225-2800 / Skype: vortex.com
Keith Hudson, Saltford, England http://allisstatus.wordpress.com/2011/04/
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