←back to thread

388 points pseudolus | 1 comments | | HN request time: 0s | source
Show context
ferguess_k ◴[] No.43493912[source]
What I worry a lot more instead is how knowledge of manufacturing and engineering could be lost due to our greed.

Typical scenario: Industry I is not doing fine in country C (i.e. the fund managers are not happy about lack of growth of the public companies in this sector) due to reasons R1, R2, ..., Rn. Then management decided to outsource and eventually dismantle the factories to "globalize" it. Knowledge retained by the older generation of engineers, technicians and workers were completely lost when they passed away.

replies(6): >>43494035 #>>43494068 #>>43494107 #>>43494172 #>>43494174 #>>43494671 #
al_borland ◴[] No.43494174[source]
I think about this often and it bothers me a lot.

I think the same can happen for knowledge work. Country A ends up turning into a bunch of managers outsourcing to Country B, and then at some point Country B realizes they can manage themselves. Companies are quite literally training their future competition. Once it reaches a tipping point, I don’t think it’s easy to reverse.

replies(4): >>43494357 #>>43494591 #>>43494750 #>>43494850 #
cultofmetatron ◴[] No.43494591[source]
> Country A ends up turning into a bunch of managers outsourcing to Country B,

why the need to be hypothetical? this is more or less how it played out between china and america. America outsourced all manufacturing to China while doing all the R&D and "innovation." one look at companies like DJI, BYD and Bambulab and its clear that china can innovate just fine on their own now. Their products are becoming objectively better than the US designed ones.

replies(3): >>43494874 #>>43495020 #>>43495315 #
raducu ◴[] No.43494874[source]
> china can innovate just fine on their own now.

If China could turn democratic and open, the World would have such a bright future.

Alas, I think we're headed into some distopian future because China is not going that way but indeed, they're very likely to surpass the USA in every other way.

replies(2): >>43495255 #>>43495432 #
1. generic92034 ◴[] No.43495255[source]
First let's see if the USA even can keep a democratic system running.