I remember large retailers were so afraid of Amazon, when they asked the on-line retailer to pay for sales tax so they can have a leveled playing field. Those brick-and mortar retailers thought they could stop the inevitable trend of technical revolution.
On the contrary, they sped up their own dilemma, when Amazon quickly expended its distribution centers, because the sales tax allowed it to freely expand its sales territories than ever. Essentially, major retailers’ fear made them shoot their own feet and results in the store closing tide we see today.
History has shown us again and again that we should embrace the change, not blocking it. But, unfortunately, people still fail to learn their lessons and get themselves into their own death spiral.
Similarly, the trend of manufacturing job market is automation. Today, people still thought they could bring manufacturing jobs back to the US. But, in reality, some jobs are not deemed to be back. As I stated in my previous posts, the missing key is still universal income, or including automation in our social security pool so we can embrace the change and protect our welfare altogether. It has been more than 7 years, since I raised the issue. I am still hoping people will understand it one day and consider the solution seriously.