Watch this video from Goldman Sachs about the factory of the future.
What’s missing? People!
The narrator says that in the future factories will be “location agnostic.” Why? Because factories no longer have to be built where skilled labor exists. Factories may be built here in the United States, but they will employ a fraction of what the same facility did 20, 30, or 40 years ago.
I’ve been writing about this for a long time now. This will be one of the largest challenges we face in the very near future – and the current efforts aimed at illegal immigrants and trade deals will not solve this problem: what to do with all the “extra” people!
I am currently reading Washington’s Farewell by John Avlon. From the book:
Hamilton harbored many of Washington’s concerns about demagogues and the way they could connive to divide the nation: “There are seasons in every country when noise and impudence pass current for worth; and in popular commotions especially, the clamors of interested and factious men are often mistaken for patriotism.” Hamilton even imagined how one could rise to power as a populist demagogue: “I would mount the hobbyhorse of popularity, I would cry out usurpation, danger to liberty etc. etc. I would endeavor to prostrate the national government, raise a ferment, and then ride the whirlwind and direct the storm.”
Wow. How well he predicted our times!
Here I am – looking serious most say. Of course, those who attended the event know I’m not always this serious. Perhaps this is my look as another cell phone went off in the crowd. I did forget to say something about cell phones in my opening remarks.
We recently hosted our 5th anniversary event at Waterline Writers. For 5 years we have hosted approximately 175 writers at Sunday evening events in Batavia, IL. We’ve had audiences ranging from 45 to 90 (our January event had 92 – our highest ever!). We present 5 – 6 carefully chosen featured writers per event – representing various genres and forms. Most events we also host an open mic after the featured writers. It’s a great time and if you’re in the Chicago area and you like literary events, check us out.
Trump conned the people who voted for him.
Geoff Burr spent much of the last decade as the chief lobbyist for a powerful construction industry trade group. Burr sought to influence a host of regulations of the Department of Labor, opposing wage standards for federal construction contracts and working against an effort to limit workers’ exposure to dangerous silica dust.
In the Obama administration, someone like Burr would have been barred by ethics rules from taking a job at an agency that he had lobbied.
In the Trump administration, Burr now has a top job at the Labor Department.
Burr is the first publicly known example of a former lobbyist who was able to take a job in the government as a result of President Donald Trump’s watering down of ethics rules in place during the Obama administration.
I deactivated my Facebook account less than an hour ago. I already feel less stress! The political posts just got me too riled up and that is not good for me. As I’ve posted earlier, I know I’m not going to change anyone’s opinion, so for me the whole process is just too pointless and frustrating.