Virtual home firms

What Happens to Factories If You Can Manufacture in Your Home?

The story of “robots eating jobs” is pervasive in the manufacturing industry—but it doesn’t paint the whole picture. We’ve seen automation eat up jobs, but even as we lost roughly 22 million manufacturing jobs worldwide between 1995 and 2002, we also saw a twenty percent increase in industrial output during that same time. Further, while some technologies may take jobs, others are breaking down barriers to entry and enabling an incredible DIY movement of makers in the US. ….[READ]

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