From the year 2000 to 2010 the number of manufacturing jobs in America fell by about a third. The rise of outsourcing and offshoring and the growth of sophisticated supply chains has enabled companies the world over to use China, India and other lower-wage countries as workshops. Now, the global financial crisis has people thinking it is time their countries returned to making stuff in order to create jobs and prevent more manufacturing skills from being lost. These factors, and technologies like robotics, 3D printing and artificial intelligence could help bring about a Third Industrial Revolution.
Via Szabolcs Kósa, Sakis Koukouvis
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