[Bringing back manufacturing] is not as important as we want it to be.
The reason is: jobs represent a lower and lower proportion of hardware production. And hardware represents less and less of the value-added in a product.
Does It Matter That Apple and GE Are Bringing Back Manufacturing? – Forbes
Points:
- “…the jobs’ problem is partly a talent problem that no educational institution has a handle on.”
- “The jobs’ growth continues to be in software. And the competition for software talent is global. Every company I have interviewed so far has off-shored software jobs – in the spirit of finding the best talent, wherever it might be. As far as I can see nothing is being done at a policy level to address that drain.”
- “The absence of global supply is holding companies back. And so too is the lack of experience in this fast changing environment. The necessary problem solving skills are difficult to teach, and the experience is often impossible to acquire because so much is new.”
Ponder: “…make the labor market more fluid, allow people to expose their skills’ development more publicly, teach people to package their business experience better, make people better developers of their own narrative, better managers of their core problem solving skills rather than their exact implementation skills, accept we are constantly in beta mode, and teach people, quickly, to function in conditions of unprecedented uncertainty.”