To address the increasing rate of automation, educators are integrating coding and STEM skills into curriculums all the way down to the kindergarten level. The focus of education systems across the world has turned to transferring fixed computing and engineering knowledge to students, and testing the mastery of such concepts through standardized testing regimes.
Donald Trump wants to take on "Made in China'' to bring jobs back to America. But the battle is already becoming one of ideas as the Factory to the World ramps up research-and-development spending to become an innovator as well as assembler. China will overtake the U.S. in spending on R&D by 2020 on a purchasing power parity basis, according to analysts from Credit Suisse Group AG.
By and large the United States continues to export our intellectual property so foreign companies and subsidiaries around the world can engage in manufacturing instead of making things in America. Unfortunately, when manufacturing exits a country research and development funding dwindles in direct response, thereby creating an enormous problem for subsequent generations of innovation.
For Americans struggling with stagnant wages, under- or un-employment, one of Donald Trump's most appealing campaign promises was to bring manufacturing jobs back to the U.S. Navigating the complexities of policy, tariffs and geopolitics would make that hard enough already for the president elect. But technology will make this promise nearly impossible to fulfill. Why? Because manufacturing jobs are increasingly done by robots, not people.
The U.S. alleges that China is rigging the semiconductor market in its favor by indulging in unfair trade practices. "This unprecedented state-driven interference can distort the market and undermine the innovation ecosystem," Penny Pritzker, U.S. secretary of commerce, said during a Wednesday event organized by the Center for Strategic and International Studies.
As the US continues to emerge from the Great Recession, there is an urgent need to look beyond Silicon Valley and support high-tech -- or “advanced” -- industries across the country in order to boost sluggish economic growth and reduce economic inequality, according to Mark Muro, a senior fellow at Brookings who directs the Metropolitan Policy Program, which conducted the study.
The number of manufacturing workers in China continued on a massive, historic, upward trajectory through 2013, the latest year for which data is available. While the number of manufacturing workers in the United States fell by 2,952,000 from 2002 through 2013, the number of manufacturing workers in China surged by an incredible 27,696,736, according to data compiled from China by The Conference Board.
The Obama administration selected a Los Angeles group Monday to lead an effort aimed at making manufacturing companies more competitive globally by helping them consume less energy and produce less pollution.The Smart Manufacturing Leadership Coalition in Los Angeles will receive $70 million from the federal government to establish the ninth of 15 "manufacturing hubs" that President Barack Obama wants set up across the country.
Speaking before business leaders at the annual SelectUSA Summit in Washington, Obama said a coalition of 200 partners will receive $140 million in public and private funding to "radically improve" the efficiency of manufacturing by developing smart sensor and digital technologies that dramatically cut waste, save energy and streamline manufacturing processes.