Much of today’s rhetoric regarding manufacturing is always directed at countries with low labor costs such as China and India. Yet it seems if anything, robots are the main reason for manufacturing’s decline, not low cost labor. We are becoming far more productive thanks to our future robotic overlords.
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U.S. companies are moving their outsourcing to countries other than India due to the rising cost of doing business in India. Thomas Friedman was right, the world truly is flat! As outsourcing to India becomes more expensive, North American companies are more inclined to “nearsource,” keeping work in the Western Hemisphere, where they can...
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The Wall Street Journal reported yesterday that wages in China and India (and other similar developing countries) are on the rise, and are higher than they’ve ever been. The cause? Globalism. As more and more factories and jobs have been outsourced, the demand for labor has become more than its supply, which has lead...
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The Times of India featured an online article today. I post it not because the news itself is especially shocking or surprising (it’s about the House passing that non-binding resolution on Bush’s mini-Surge), but because I’m really starting to like the way those Indian journalists write. When journalists at FOX News, CNN, or MSNBC...
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