Using the cheapest labor

Tech execs look to expand--outside U.S.

This is not specifically a robotic article, but it does show how businesses behave when they have a cheaper source of labor available. From the article:In other words, as large U.S. technology companies grow in the future, they will not be adding any new employees in the U.S. All the jobs will be going overseas.

The same thing will happen as each new type of robotic technology starts to become available in the future. Companies will rapidly shed human workers in favor of much less expensive robotic labor.

The combination of offshore job loss and robotic job loss at approximately the same time means that unemployment rolls will saturate very quickly. We are seeing the leading edge of this trend in 2003/2004, which is why the job slump has lasted so long. See Robotic Nation for details.

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