I think we'll see more onshoring if robotics ever gets to the point where factories can be cheaply fully automated.
I think we'll see more onshoring if robotics ever gets to the point where factories can be cheaply fully automated.
I think the bigger problem is that you couldn't invest in such businesses even if you wanted to. Nobody is even bothering to start them. The US still has a lot of advantages - a looser regulatory environment than Europe, less subject to the whims of politics than China/Russia, the best research institutions in the world, and essentially infinite dollars. But all this is to produce a managerial elite that decides it's cheaper to just print money and buy stuff elsewhere.
> managerial elite that decides it's cheaper to just print money and buy stuff elsewhere
Hah, that doesn't even begin to touch the moronic stuff that gets taught in b-schools.