Opinion – EU demographic indicators: Situation, trends and potential challenges – John Gelmini

I think this article via Dr Alf on EU demographic indicators demonstrates the staggering complacency of those who run Europe.

The article talks about “challenges”, yet for 30 years the EU has failed to produce a single net new job, and apart from Germany is not exporting enough or paying its way.

The pronouncements of Eric Schmidt of Google, who in 2013 said that 50% of American jobs would disappear by 2033, seem to have passed by Messrs Delivorius and Sabbati, the authors of this article. American worker productivity is the best in the world, so even more European jobs will vanish with all that that means for poverty, pensions, the future of European youth, and defense.

Their use of the word “challenges” seems to imply that the issues posed by robotics, cybernetics, 3D printing, automation and self-replication can be considered at leisure and solved at the stroke of a pen.

Thoughts?

John Gelmini

Why Japan’s factories, jobs aren’t coming back despite the weak yen | The Japan Times

Robologix robotics simulator.

Robologix robotics simulator. (Photo credit: Wikipedia)

English: robotics

English: robotics (Photo credit: Wikipedia)

English: robotics

English: robotics (Photo credit: Wikipedia)

English: Robotics at IIT Kharagpur

English: Robotics at IIT Kharagpur (Photo credit: Wikipedia)

Factory Automation with industrial robots for ...

Factory Automation with industrial robots for metal die casting in foundry industry, robotics in metal manufacturing (Photo credit: Wikipedia)

This is an important story from the Japan Times. It’s a good read. Check it out!

via Why Japan’s factories, jobs aren’t coming back despite the weak yen | The Japan Times.

There are significant parallels here for the Eurozone and the UK.

I remember well visiting a factory in Japan in the 1970s and my manufacturing colleague asked me to spot the differences from our UK factory. He responded there’s no difference, just the short-term thinking of Western management – we were part of a US multi-national, driven by quarterly earnings announcements.

Some years later, my applied doctorate was focused on Japan’s cost reduction strategies, like Target Costing.

However, I soon learned that there was an enormous difference between Japan’s major exporting companies, driven by innovation, and the rest of the economy.

Much of Japan’s economy, especially the service sector is heavily protected from effective competition. In this respect, it is similar to Europe.

Ultimately, it is best to open up to global competition but armed with an effective industry strategy, and a plan to improve worker productivity.

So why are Europe’s political classes, including the European Commission ignoring Best Practice?

Thoughts?

 

 

Follow

Get every new post delivered to your Inbox.

Join 5,626 other followers