Earlier quoted context omitted.
Or you could have trade borders.
Not that I would doubt the guy who let Mike Tyson hit him in the head or anything, but don’t we have decades of research showing the negative effects of those?
America is getting an AI gold rush instead of a factory boom
341–350 of 753 posts
Re: America is getting an AI gold rush instead of a factory boom
#342Having worked in a job shop, a factory that did gears down to quantity one, I became quite aware of the differences between IT, my previous job, and actual physical production. The machine tools were all made 50+ years ago. Changing anything was a dangerous thing to do, because you might cause jobs that have known and reliable setups that are done a few times a year in quantity, to fail, erasing the profits for the j…
There is a really interesting generation gap issue in the replies to your comment. What I perceive as younger people are horrified at the idea of fifty year old tools while the older folks are thinking (I imagine) “if the tools have lasted that long they must be well-honed and very good”. Of course, this could simply be the perspective of someone turning 50 this year.
Re: America is getting an AI gold rush instead of a factory boom
#343The US spent decades transitioning from a manufacturing economy to a service economy, deliberately. Now there's a populist making political hay, throwing out numbers about trade deficits, which ignores revenue from services . Yes, there is have a trade deficit on goods, that was a long-term strategy because services were a superior investment. Manufacturing is an inferior way to make money unless you're planning to g…
I don't know why people romanticize 1950-style manufacturing jobs so much, like they are some kind of objectively ideal job. These jobs really weren't great. Bunch of dudes standing at an assembly line all day physically busting their asses and sweating it out. Sometimes in a physically hazardous environment. Sometimes breathing stinky and/or harmful chemicals. Sometimes surrounded by ear-damaging loud noises. Someti…
Re: America is getting an AI gold rush instead of a factory boom
#344Do we even have people to work in the factories? I know a guy who started as a worker and is now a plant manager and he says their biggest problem is finding qualified people (high school or equivalent) that are willing to show up every day. Many get their first check and then suddenly stop showing up and then return 2 or 3 weeks later looking for work. A lot of younger people it seems like value flexibility over hig…
Re: America is getting an AI gold rush instead of a factory boom
#345Having worked in a job shop, a factory that did gears down to quantity one, I became quite aware of the differences between IT, my previous job, and actual physical production. The machine tools were all made 50+ years ago. Changing anything was a dangerous thing to do, because you might cause jobs that have known and reliable setups that are done a few times a year in quantity, to fail, erasing the profits for the j…
Or keep changing those tools to better fit the job.
Progress continues with continual process improvements.
Re: America is getting an AI gold rush instead of a factory boom
#346Having worked in a job shop, a factory that did gears down to quantity one, I became quite aware of the differences between IT, my previous job, and actual physical production. The machine tools were all made 50+ years ago. Changing anything was a dangerous thing to do, because you might cause jobs that have known and reliable setups that are done a few times a year in quantity, to fail, erasing the profits for the j…
There is a really interesting generation gap issue in the replies to your comment. What I perceive as younger people are horrified at the idea of fifty year old tools while the older folks are thinking (I imagine) “if the tools have lasted that long they must be well-honed and very good”. Of course, this could simply be the perspective of someone turning 50 this year.
Re: America is getting an AI gold rush instead of a factory boom
#347Earlier quoted context omitted.
That sounds like a result of brain drain, honestly. The people who stood up that hardware 50 years ago are 50 years older now. By contrast, the Chinese have mastered process knowledge , transferring from one domain to the next. If we want to compete with them, it’s worth knowing what doing well looks like.
No the point is "overhead". You don't disturb working setups because you will cause engineering time to update the setup, that engineering time is added to the cost overhead of a job. Time is literally money, even if the employee(s) are salaried, their time is factored into the cost of a job. The knowledge is still there, but American labor is expensive as hell compared to overseas competitors and so any shop in the…
Re: America is getting an AI gold rush instead of a factory boom
#348Re: America is getting an AI gold rush instead of a factory boom
#349Earlier quoted context omitted.
US employers cannot discriminate against a deaf person and must make reasonable accommodations to make it safe for them to do their job. US employers are not legally required to make accommodations for people who simply want to listen to music at work. Today's vehicles already have a lot of sound deadening (and good stereos) and it is becoming a problem for emergency vehicles. https://www.youtube.com/watch?v=6lvTBmBD…
If you have even the slightest amount of situational awareness sound deadening or infotainment gizmos will not render you unaware of an approaching emergency vehicle. Scan your mirrors, scan your instruments, scan the horizon, repeat. The problem is unqualified, uneducated drivers.
Re: America is getting an AI gold rush instead of a factory boom
#350Earlier quoted context omitted.
It dropped down, but is now being extended to 5 years. The 3 year number was reported by the FT this year from a bunch of companies, where they were saying their accountants are extending to 5 years. Another example, MS just moved from 4 years to 5.
You are confusing depreciation (which is mostly driven by tax reasons) with service lifecycle.