" Remember Holden, Ford et al? Forced to exit Australia due to completely uncompetitive wage and employment conditions!"
Please back this sherman tanker post up with something bordering on semi intelligent Pints .
Modern manufacturing isn't based on human labor, it's based on the robot. Still, most people cannot grasp the breadth of automation in factories. We still picture plants full of human workers toiling to make our cars and furniture, just as we imagine our meat comes from animals in a barn. The truth is much more awe-inspiring, perhaps even frightening. The factories of today have some human workers, but huge portions of assembly lines are 100% mechanized. The US Bureau of Labor Statistics expects automotive jobs to decline 18% by 2018 despite expected increases in production. Robots eliminate the need for more workers. Before you lament the loss of jobs, take a moment and watch how robots earn their role every day in the workplace. Incredible!
As the EV (Electric Vehicle) market ramps up,more old world Internal Combustion car plants will go to the wall.
You are watching disruptive Technology in full effect.
