The Cambrian Robotic Explosion has Begun : vimarsana.com

The Cambrian Robotic Explosion has Begun


David Tamayo, CIO, DCS Corporation
David Tamayo, CIO, DCS Corporation
In the early 1990’s Juarez, Mexico, I was interviewing local management of a large multinational corporation who assembled large television sets. For each TV, there were 3,200 people in a line assembly each earning $0.57 per hour and when my partner asked “Why isn’t this entire process automated?” their answer was an obvious “Right now automation has a break-even ROI of 20 years, and Mexicans are a lot cheaper. Once that changes, we’ll automate.” The newly elected U.S. president won with a promise of bringing back the manufacturing jobs that were lost to such cheap foreign labor. Yet, what many (including him) do not realize is that bringing back manufacturing will not bring back the jobs because those jobs will be automated.

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